Trade credit is the practice of buying goods now and paying for them later.

Name: Trade credit is the practice of buying goods now and paying for them later.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Trade credit is a common practice in business where a buyer can purchase goods or services from a supplier and agree to pay for them at a later date, typically within 30 to 90 days. This type of credit can help businesses manage cash flow and build relationships with suppliers.

Trade Credit Is the Practice of Buying Goods Now and Paying