Multiple Choice
Which of the following statements about extending credit is not correct?
A) It is common for companies to sell on account to other companies.
B) Some companies extend credit to individual consumers.
C) Bad debts arise from credit sales to individual consumers,but not from credit sales to other companies.
D) When credit is available,customers often buy more products and services.
Correct Answer:
Verified
Correct Answer:
Verified
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