_______ credit is credit extended by a supplier.

Name: _______ credit is credit extended by a supplier.
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Question

Quizplus · Accepted Answer

Trade credit is credit extended by a supplier to a purchaser of goods or services, allowing the purchaser to pay at a later date. This type of credit is commonly used in business-to-business transactions. The supplier may offer a discount or incentives for early payment or a penalty for late payment.

_______ Credit Is Credit Extended by a Supplier