Fixing a payment schedule in an agreement:
A)allows the seller to easily access loanable funds.
B)increases the uncertainty associated with the cost of production.
C)allows the seller to charge a high price for his product.
D)ensures the delivery of goods at a high price.

Question

Quizplus · Accepted Answer

Fixing a payment schedule in an agreement allows the seller to easily access loanable funds as they can use the agreement as collateral for loans or financing. This can be helpful in maintaining cash flow and investing in the production and delivery of goods.

Fixing a Payment Schedule in an Agreement