A fee generally paid by the seller rather than the buyer is call a _____.
A.
gratuity
B.
payment plan
C.
commission
D.
tip
C. commission
C. commission
The fee generally paid by the seller rather than the buyer is called a commission. To arrive at this answer, let's break down the options:
A. Gratuity: A gratuity is usually a voluntary payment given to someone, typically as a token of appreciation for service rendered. It is not necessarily related to the transaction in question and is commonly associated with services like dining at a restaurant.
B. Payment plan: A payment plan is an arrangement made between a buyer and a seller where the buyer pays for a product or service in installments, typically with interest.
C. Commission: A commission is a fee paid to a person or entity for facilitating a sale or transaction. In this context, it is the most relevant option, as it involves the seller paying a fee for selling a product or service.
D. Tip: A tip is an additional payment given to a service worker by a customer for the service provided. Tips are usually discretionary and given directly to the person who provided the service. While it is common for buyers to tip service workers, it is not typically associated with a fee that sellers pay.
Considering the above options, the correct answer is C. commission.