Which one of the following is NOT a disadvantage to open account financing?

Question

Quizplus · Accepted Answer

No customer resistance is not a disadvantage of open account financing. However, the other options are all potential disadvantages of this type of financing. There is a high risk for the seller, as they are extending credit to the buyer without any collateral. The seller may also need to finance production upfront, which can be costly. Additionally, there is an increased risk from currency controls if the transaction involves parties from different countries.

Which One of the Following Is NOT a Disadvantage to Open