Suppliers prefer to offer trade credit to customers with poor credit ratings or no credit history.

Name: Suppliers prefer to offer trade credit to customers with poor credit ratings or no credit history.
Brand: Quizplus
Rating: 4.8 (33 reviews)

Question

Quizplus · Accepted Answer

Suppliers are more likely to offer trade credit to customers with good credit ratings and a solid payment history. Customers with poor credit ratings or no credit history may be seen as a higher risk for non-payment, and therefore may not be offered trade credit or may be offered unfavorable terms.

Suppliers Prefer to Offer Trade Credit to Customers with Poor