The payment method that affords the supplier the greatest degree of protection is the prepayment method.

Question

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Prepayment method means that the buyer pays the supplier before they receive the goods or services. This gives the supplier the greatest degree of protection because they have already received the payment before they provide the goods or services. This protects the supplier from potential default or non-payment by the buyer. Therefore, the statement is true.

The Payment Method That Affords the Supplier the Greatest Degree