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Question 13 (3 points) Brinkley Boutiques offers a store credit card to its customers and allows them to charge their purchases in any Brinkley Boutique's

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Question 13 (3 points) Brinkley Boutiques offers a store credit card to its customers and allows them to charge their purchases in any Brinkley Boutique's store location or on the Brinkley Boutiques website. Brinkley assesses a per-month interest fee for any unpaid balance on its store credit card at month end and charges a late payment fee if cardholders don't make timely payments. Which of the following statements is false regarding having a store credit card? 1) The company bears the risk of customers not paying. O 2) The company must decide who gets credit and how much. 3) Cash is received sooner from store credit card sales than major bank credit card transactions. 4) The company will earn interest and fee revenue

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