An open account credit occurs when a firm grants:
A)trade credit to customers who have an account with the firm.
B)trade credit to customers who have depository accounts.
C)trade credit to customers by collateralizing the assets sold to the customer.
D)credit to customers who have an open bank account.

Question

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The Answer of An open account credit occurs when a firm grants:
A)trade credit to customers who have an account with the firm.
B)trade credit to customers who have depository accounts.
C)trade credit to customers by collateralizing the assets sold to the customer.
D)credit to customers who have an open bank account.

An Open Account Credit Occurs When a Firm Grants