The two general categories of credit are consumer credit and trade credit.
Correct Answer:
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Q32: Markup on cost and markup on selling
Q33: If a company ships goods F.O.B. seller,
Q34: If a company ships goods F.O.B. Buyer,
Q35: If all customers within the same demographic
Q36: The main reason for extending credit is
Q38: Trade credit is credit extended from retail
Q39: A credit term of 2/10 net 30
Q40: A company's credit policy will have an
Q41: A competitive advantage differentiates the company from
Q42: Typical competitive advantages include price, quality, and
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