English grammar, vocabulary, and listening comprehension exercises

TOPIC: Gas stations - No more credit cards?

STEP 1 - Read the following article: READING COMPREHENSION ARTICLE 36

STEP 2 - Answer these questions (choose the best answer):

1. Why do some gas station owners no longer accept credit cards?
  High credit card (interchange) fees.
  They prefer the "instant gratification" of getting cash.
  Credit fraud.

2. What is the average interchange fee paid by gas station owners:
  About $4
  About 2%
  11 to 12 cents

3. How much profit does the average gas station owner make on a gallon of gas:
  About 2%
  About $4
  11 to 12 cents

4. Visa believes that allowing customers to pay with a credit card offers _______________________ to everyone involved.
  tangible threats
  tangible benefits

5. When profits are "shrinking", they are:
  holding steady

CHECK ANSWERS (Your answers will be displayed in a new window)


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