Question
State FOUR circumstances a buyer may be required to pay cash with order.
Answer
- When the buyer is new to the seller
- When the buyers' credit worthiness in doubt
- To avoid bad debts
- When the seller is in urgent need of cash
- To avoid expenses in following up debts
- When the policy of the seller is not to advance credit
- Where the seller is operating mail order business
- When the buyers' credit worthiness in doubt
- To avoid bad debts
- When the seller is in urgent need of cash
- To avoid expenses in following up debts
- When the policy of the seller is not to advance credit
- Where the seller is operating mail order business
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