_____ is a spontaneous financing granted by sellers when they deliver goods and services to customers without requiring immediate payment.
A) Trade credit
B) A revolving credit agreement
C) Commercial paper
D) A line of credit

Question

Quizplus · Accepted Answer

Trade credit is a spontaneous financing option where sellers allow buyers to purchase goods or services and pay for them at a later date, without requiring immediate payment.

_____ Is a Spontaneous Financing Granted by Sellers When They