Which one of the following is an advantage to open account financing?
A)high risk
B)seller must finance production
C)increased risk from currency controls
D)no customer resistance

Question

Quizplus · Accepted Answer

Open account financing does not require payment from the buyer at the time of shipment, which eliminates customer resistance. It is not an advantage to have high risk, seller financing production or increased risk from currency controls.

Which One of the Following Is an Advantage to Open