Which one of the following statements related to credit periods is correct?
A) Longer credit periods are granted for sales of perishable items.
B) Inexpensive goods tend to have longer credit periods.
C) Smaller accounts tend to have longer credit periods.
D) Sellers may offer different credit periods to different customers.
E) Newer products tend to have shorter credit periods.

Question

Quizplus · Accepted Answer

Sellers can offer different credit periods to different customers based on their creditworthiness, relationship with the seller, and past payment history. The other statements are not necessarily true and may vary depending on the specific industry or business.

Which One of the Following Statements Related to Credit Periods