In order to accept credit-card payments, a merchant must have a ________ account with a ________

(a) host, bank.
(b) host, credit-card company.
(c) merchant, bank.
(d) merchant, credit-card company.

Ans: (c)

Business

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McDonald's states that it would like "to satisfy the world's appetite for good food, well-served, at a price people can afford." The preceding reflects McDonald's

a. cost-leadership strategy. b. mission. c. annual goal statement. d. advertising campaign.

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A lender who is still owed money after the foreclosure sale may file a default judgement.

a. true b. false

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