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Trade Credit Insurance is a type of insurance which is offered to businesses. The insurance policy covers accounts receivable, guards against bankruptcy, and protects the business against credit risks.
TRADE CREDIT: Open, short-term (usually 30 to 90 days) deferred payment terms offered by a seller to a buyer as a standard trade practice or to encourage sales. In some trades such as jewelry business, the credit may extend to 180 days or even longer.DISADVANTAGES· If repayments are not made by certain deadlines, the business will receive a poor credit history which will be a big blow to any business as they will not trusted in the future if they require any loans, trade credit, credit cards or leasing.· Only companies with a good credit history will get trade credit and these can often be hard to build up, especially for new businesses.
Associate and bachelor degrees are offered at a Trade School
Warez is any illegally copied material offered for sale, trade, or download. It most commonly refers to cracked pieces of software, but can also refer to movies, music, and ROMs.
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The main advantage of trade credit is you have more time to pay the creditor with no interest!
Trade credit is a value put on items you trade to an individual or business. These trade credits can be used like cash money to purchase items from these same people.
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what do you mean by liabilities