Question: Reboot, a small business, sources microchips and keyboards from Tech USA. Because the two businesses have a good relationship, Tech USA agrees to supply Reboot

Reboot, a small business, sources microchips and keyboards from Tech USA. Because the two businesses have a good relationship, Tech USA
agrees to supply Reboot with the necessary goods from its next purchase order and pay for them at a later date. This is an example of
Multiple Choice
trust fund.
trade credit.
stock dividend.
nonrecourse loan.
 Reboot, a small business, sources microchips and keyboards from Tech USA.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!