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Under what circumstances is deferred payment acceptable to a trader?

      

List circumstances under which deferred payment is acceptable to a trader.

  

Answers


Maurice
(i) If the amount involved is small and the seller is not afraid of taking the risk.

(ii) If the trader wants to use credit sales as a competitive tool.

(iii) If the seller is not in urgent of money.

(iv) If the seller wishes to attract more customers.

(v) If the seller does not doubt credit worthiness of the buyer.
maurice.mutuku answered the question on July 26, 2017 at 05:57


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