Question

which credit is generally offered on an open account basis ?
a) bank credit
b) trade credit
c) supplier credit
d) customer credit

Answer 1

Answer:

Open account terms may be offered in competitive markets with the use of one or more of the following trade finance techniques: (a) export working capital financing, (b) government-guaranteed export working capital programs, (c) export credit insurance, and (d) export factoring

Explanation:

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