Correct! Longer payment period will increase the chances the company will not pay. Companies might require risky customers to provide letters of credit or bank guarantees, require them to pay cash in advance, or ask for references from banks and suppliers to determine their payment history.  	  If a company is concerned about lending money to a risky customer, which one of the following would it not want to do? | eBooks | Education

Correct! Longer payment period will increase the chances the company will not pay. Companies might require risky customers to provide letters of credit or bank guarantees, require them to pay cash in ...

Correct! Longer payment period will increase the chances the company will not pay. Companies might require risky customers to provide letters of credit or bank guarantees, require them to pay cash in ... PLDZ-5980 Free
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Correct! Longer payment period will increase the chances the company will not pay. Companies might require risky customers to provide letters of credit or bank guarantees, require them to pay cash in advance, or ask for references from banks and suppliers to determine their payment history.

 

 

If a company is concerned about lending money to a risky customer, which one of the following would it not want to do?

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Contact references provided by the customer, such as banks and other suppliers.

 

Provide the customer a lengthy payment period to increase the chance of paying.

 

Require the customer to pay cash in advance.

 

Require the customer to provide a letter of credit or a bank guarantee.

 

 

 

 

 

 

 

Correct! Longer payment period will increase the chances the company will not pay. Companies might require risky customers to provide letters of credit or bank guarantees, require them to pay cash in advance, or ask for references from banks and supp
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