Instructions: In this task, you're given an article, a question which often contains a blank, four options (associated with "A", "B", "C", "D") and the answer to that question. Your task is to classify whether the given answer is correct or not by providing "Yes" or "No", based on the article.
Input: Article: Most Americans receive at least two or three credit card applications in the mail every month.Why have credit cards become so popular? For a merchant, the answer is obvious.By putting charge slips in a bank, the merchant can change credit card sales into cash.In return for processing the merchant's credit card transactions , the bank charges a fee that ranges between 1.5 and 5 percent. The easiest way to establish credit is to open checking and savings accounts at your local bank.Then apply for a gasoline or store credit card.These cards are fairly easy to get because retailers want you to buy their goods and services.The third step, and the most dangerous one, is obtaining a major credit card like Visa, MasterCard, or American Express. It is important to choose a credit card carefully because terms and conditions vary widely.Annual fees range from $15 to $75 a year, but some credit card companies charge no annual fee at all.If you will be one of the growing number of people who don't pay off their credit card debts in full each month, look for the card with the lowest interest rate.Interest rates generally range from 12 to 18 percent, though it is possible to find cards with lower rates. A credit card can be your friend because it can get you through unexpected emergencies.And if there is a problem with the products or service you purchase with your credit card, you have an opportunity to hold back payment by asking the credit card company to "charge back" to the retailer until the argument is settled.Monthly credit card statements can also help you keep your records in order.Finally, if you make payments on time, the card helps you to establish a good credit history. A credit card can be your enemy because it is an invitation to purchase items you really do not need.The credit card companies' continuous offers of minimum payments, cash advances, and even months without payments may seem like a way to skate through a money crisis.In reality, your finance charges and fees only increase, and you go deeper into debt. If you do find yourself in trouble, do not ignore the bills.Contact your creditors to explain your problem and express your desire to pay down your card balance.If that fails, a nonprofit organization like Consumer Credit Counseling Service can assist you in getting back on your financial feet.
Question: How does the merchant change credit card sales into cash ?
Options: (A) With the help of Consumer Credit Counseling Service. (B) By opening a checking and savings account at the local bank. (C) By giving the bank the authority to charge. (D) By mailing the customer's credit card to the bank.
Asnwer: C
Output:
Yes