Multiple Choice
Trumen House, a confectionary manufacturing company, orders its raw materials in bulk from Nesinbon. Nesinbon allows Trumen House to make the payment at a later date, as opposed to immediate payment. Which of the following short-term financing options is being offered by Nesinbon?
A) Short-term bank loans
B) Commercial paper
C) Factoring
D) Trade credit
Correct Answer:
Verified
Correct Answer:
Verified
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