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4. The costs to merchants of accepting cash are mostly. , implying that cutting cash payments in half will have a effect on the

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4. The costs to merchants of accepting cash are mostly. , implying that cutting cash payments in half will have a effect on the merchant's total costs of accepting such payments. (BLJ, p. 118; Kindle, 2026) (Ch. 6, Cash Acceptance) A. fixed; minor B. fixed; similar C. variable; minor D. variable; similar FIN 369 Keeton Fall 2022 5. Legal tender laws require that cash be accepted for which of the following payments? (BLJ, p. 118; Kindle, 2032; Kohn, p. 201. Make sure you look at Kohn in addition to BLJ.) (For BLJ, Ch. 6, Cash Acceptance, Box on Legal Tender) 1. Taxes. 2. All purchases of goods and services below a specified dollar amount. 3. Private debts. A. 1 only B. 2 and 3 C. 3 only D. 1 and 3

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