Practice free →
HomeBAF (Bachelor of Accounting & Finance)Financial ManagementSecurities Markets › Credit a seller gives a buyer between delivery a…

Credit a seller gives a buyer between delivery and payment is called:

ATrial credit
BTrade credit
CTrust credit
DTerm credit
Answer & Solution
Correct answer: B. Trade credit
1. No bank is involved. 2. The seller waits for the money. 3. It is trade credit. _Source: OpenStax Introduction to Business, Chapter 16, Understanding Financial Management and Securities Markets._
Solve this in the app — BAF (Bachelor of Accounting & Finance) practice & 24k+ MCQs →
Related questions