Which of the following statements about extending credit is not correct?
A. It is common for companies to sell on account to other companies.
B. Bad debts arise from credit sales to individual consumers, but not from credit sales to other companies.
C. Some companies extend credit to individual consumers.
D. When credit is available, customers often buy more products and services.
Answer: B
You might also like to view...
France has a fragmented shop system that consisted of small, specialized stores such as the boulangerie and charcuterie; which became a part of France's national heritage
Indicate whether the statement is true or false
Use the following line to complete the next group of questions.The enzymes that bring about apoptosis:are called caspases.
Answer the following statement true (T) or false (F)
Casual Comfort sells its catalog items using FOB-origin pricing. Who pays the freight charges?
What will be an ideal response?
In order for a plaintiff to win a case involving intentional infliction of emotional distress, she must prove the defendant acted in an extreme and outrageous manner
a. True b. False Indicate whether the statement is true or false