Refer to IT's About Business 8

question 68

Multiple Choice

Refer to IT's About Business 8.1 - Big Wheel Mobile Truck & Square: Products like Square offer small independent businesses the following advantages over the traditional credit card systems:

• A) Square does not charge merchants a fee for each transaction
• B) Square does not require expensive equipment
• C) Square can run on most mobile devices that the merchant already has
• D) Square can be easily customized and updated
• E) All of the above

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Definitions:

Coupon Redemption

The process of exchanging a coupon for the value or discount it represents when purchasing goods or services.

Recipe Book

A collection of culinary recipes and guidelines for preparing food.

Estimated Liability

An obligation that can be reasonably estimated but whose exact value and timing are not known.

Premium Redemption

The act of repaying a bond or other security at its premium price before it reaches maturity.