Trade credit is extended by businesses to consumers purchasing large volumes of products.

Name: Trade credit is extended by businesses to consumers purchasing large volumes of products.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Trade credit is extended by suppliers to businesses, not consumers. It allows businesses to purchase goods or services on credit and make payments at a later date, typically within a set timeframe (e.g. 30 or 60 days).

Trade Credit Is Extended by Businesses to Consumers Purchasing Large