10. The tactic in the previous question represents one possible way of solving the problem in payments. (Review of Unit 2) A. fraud B. operational risk C. chicken-and-egg D. credit risk 9. According to Evans and Schmalensee, banks issuing credit cards up through the 1970 s suffered heavy losses due in large part to mass mailings of credit cards. This tactic had the advantage that it but the disadvantage that it (ES, pp. 57, 72-73) A. put cards in the hands of law-abiding and creditworthy consumers; did not help get merchants on board B. put cards in the hands of law-abiding and creditworthy consumers; the cards were costly to distribute C. got enough consumers on board to attract merchants; put many cards in the hands of petty criminals and bad credit risks D. got enough consumers on board to attract merchants; the cards were costly to distribute 10. The tactic in the previous question represents one possible way of solving the problem in payments. (Review of Unit 2) A. fraud B. operational risk C. chicken-and-egg D. credit risk