A commonly used method of analyzing the creditworthiness of a potential customer is to review
their payment history with other ﬁrms.

Question

Quizplus · Accepted Answer

This is true. By reviewing the potential customer's payment history with other firms, a business can gain insight into their reliability and likelihood of paying debts on time. This information can be used to make decisions about extending credit to the customer.

A Commonly Used Method of Analyzing the Creditworthiness of a Potential