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If You Quit Your Job as a Carpenter and Open

Question 53

Multiple Choice

If you quit your job as a carpenter and open a fruit stand, you will likely find the length of the credit period you get from suppliers to be:


A) Relatively long due to the risks involved.
B) Relatively long if your account is a small one for your supplier.
C) Relatively short because fruit is highly perishable.
D) Relatively short because fruit is a high cost item.
E) Relatively short if there is a high degree of competition among your suppliers.

Correct Answer:

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