Since commercial bank loans are cheaper than trade credit,
few firms use trade credit.
Correct Answer:
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Q4: When a commercial bank grants a loan,
Q5: If suppliers want to discourage the use
Q6: Trade credit is cheaper than commercial bank
Q7: One reason why firms use trade credit
Q8: If goods cost $1,000 and the terms
Q10: A change in the trade discount from
Q11: Accounts payable may be used to secure
Q12: Trade credit is primarily used by retailers
Q13: An origination fee reduces the cost of
Q14: Trade credit is primarily used by retailers
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