<span>b. A service charge is a flat fee charged to a borrower, while finance charge is a fee charged based on the amount borrowed.
Service charges are standard charges assessed to pay for business costs; finance charges vary depending on the amount borrowed.</span>
<span>The English government wanted help paying for the war from the: French
Even though they technically won the war, the gained a lot of debt to fund the supplies needed for the war. So, they asked American colonies for help.
According to their argument, American is indirectly benefited from their victory and therefore it is only fair if we also contribute to their cost.</span>
