Archives
Month: November 2015
Setting minimums for credit card purchases
Visa and MasterCard, in their merchant agreements, do not allow merchants to set a minimum amount for a purchase. If you accept these cards, you are obligated to accept them for purchases of any amount.
Retailers post small sales gains in October
LANSING – Michigan retailers rang up slightly better sales in October, according to the latest Michigan Retail Index survey, a joint project of Michigan Retailers Association (MRA) and the Federal Reserve Bank of Chicago.
Governmental Affairs: November 13, 2015
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Legislature takes Thanksgiving/hunting break
Legislators headed home this week for a two and a half week break for the Thanksgiving holiday. The break also falls during Michigan’s two-week regular firearm deer hunting season (November 15-30).