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Under what circumstances may deferred payment be appropriate?

      

List circumstances under which deferred payment may be appropriate.

  

Answers


Maurice
(i) Where the seller wants to dispose off slow moving stock.

(ii) Where the seller wants to increase sales.

(iii) Where the credit worth of the customer is unquestionable.

(iv) Where the seller wants to attract or retain customer.

(v) Where the seller wants to use credit facilities as a competing tool.

maurice.mutuku answered the question on June 28, 2017 at 13:52


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