Trade credit information is frequently exchanged among firms selling to the same customer through credit bureaus.

Name: Trade credit information is frequently exchanged among firms selling to the same customer through credit bureaus.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Trade credit information is commonly shared among firms through credit bureaus, which provide insights into a company's creditworthiness and payment history. This helps sellers assess the risk associated with extending credit to a particular customer.

Trade Credit Information Is Frequently Exchanged Among Firms Selling to the Same