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Guy Owns a Lumber Yard Working Directly with Home Builders

Question 101

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Guy owns a lumber yard working directly with home builders and contractors.Margie,a contractor new to the area,wants to set up a credit account with the lumber yard.She has a good history of successful and profitable projects.What questions should Guy ask in evaluating the Margie's credit status? Relate to the 5 C's of credit.

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- Can Margie pay as promised? Since Marg...

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