Question

‘Balaji Traders Ltd’ is a company that deals in the wholesale business of rice. Its Financial Manager, Mr. Ghanshyam Das Chatterji arranges unsecured short-term finance for the company through a commission agent. The rate of interest to be paid on this finance is more than bank’s rate of interest. For Mr. Chatterji one of the great advantages of this finance was that
its source was far away from Bureaucratic and Legal Hassles. Identify this source of finance and write about any five of its characteristics

Answer 1

Answer:

balaji is a trade trustee of mine. he and I share a long friendship.

Answer 2

Explanation:

balaji traders Ltd is a trusted trading company