Question: 6. A customer purchasing inventory requests trade credit from a vendor who cannot easily obtain reliable financial information about the customer. The customer does not
6. A customer purchasing inventory requests trade credit from a vendor who cannot easily obtain reliable financial information about the customer. The customer does not have its financial statements audited. In this case, which of the following would the vendor typically ask from the customer? a. A letter of credit b. Collateral in the form of equipment the customer owns c. To have its financial statements audited d. To not give the customer any trade credit
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