Under what circumstances may cash terms be used?

      

Give circumstances under which cash terms may be used.

  

Answers


Maurice
(i) Where the buyer is new to the seller.

(ii) Where the seller is operating a mail-order business.

(iii) Where the buyer is not a regular customer.

(iv) Where the amount of money involved is small.

(v) Where it is the policy of the business.

(vi) Where the seller urgently needs/ requires cash.

(vii) Where the credit worthiness of the buyer is in doubt
maurice.mutuku answered the question on July 26, 2017 at 08:37


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