Trade credit is

Name: Trade credit is
Brand: Quizplus
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Question

Trade credit is

Quizplus · Accepted Answer

Trade credit refers to the practice of a supplier providing goods or services to a customer with an agreement that the payment will be made at a later date. This is a common form of financing used by businesses, where suppliers effectively provide short-term loans to their customers. This can provide cash flow benefits to the customer, as they can delay payment while still maintaining their supply of goods or services. Therefore, option E is the correct answer.

Trade Credit Is