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12345 [234]
2 years ago
14

by not extending credit through an open account to a potential customer could cause the loss of sale quizlet

Business
1 answer:
ANTONII [103]2 years ago
7 0

It is true that not extending credit through an open account to a potential customer could cause the loss of sale Quizlet.

<h3>What is credit on an open account?</h3>

Open credit is a economic arrangement between a lender and a borrower that permits the latter to access credit frequently up to a specific maximum limitation. Once the borrower starts making repayments to the account, the cash becomes available for departing again since it is a revolving fund.

An open account provides significant benefits to the buyer:

  • The goods arrive and often can be sold before they have to be paid for.
  • The buyer has good cash flows. The more he buys, the more cash flow he generates.
  • It is simple and easy.

To learn more about open account  visit the link

brainly.com/question/28174844

#SPJ4

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Question 2 (2 points)
astraxan [27]

Answer: being goal oriented

Explanation: A goal oriented individual may be referred to an individual with a strong aim and focus who will give his or her very best in other to achieve or attain his intended purpose or aim. A goal oriented individual will defy obstructions capable of hindering or standing in between her and her goal. Attaining one's desire or purpose requires very strong motivation which keeps one going in the face of tribulation or temptation and a strong organizational skill useful for attaining task specific needs at a specific time.

3 0
3 years ago
One key characteristic that is distinctive of an oligopoly market is that Group of answer choices the demand curve facing each f
lawyer [7]

Answer:

The decisions of one seller often influence the price of products, the output, and the profits of rival firms.

Explanation:

An oligopoly is a market structure where there are only a few sellers. Therefore, around two or more firms have control over the market. Collectively, they can influence the prices and supply.

This ultimately results in high-level competition between these sellers. Since there are a few sellers in the oligopoly structure, each of these company's profit levels not only depends on the decisions made by them but also on the decisions made by their rival firms.

Hence, option no. 3 "the decisions of one seller often influence the price of products, the output, and the profits of rival firms" is correct.

7 0
3 years ago
The relation resulting from mapping a weak entity (with a 1:M identifying relationship) has a composite primary key that is comp
Natali [406]

Answer:

(A) True

Explanation:

5 0
3 years ago
Sue and Neal are twins. Sue invests $5,000 at 7 percent when she is 25 years old. Neal invests $5,000 at 7 percent when he is 30
Vladimir79 [104]

Answer:

B. Sue will have more money than Neal at age 60

Explanation:

Sue and Neal invest the same amount of money ($5,000) at the same interest rate (7%), but Neal makes the investment 5 years later than Sue and they will be retire at the same time. Therefore Sue´s investment will earn more compound interest than Neal´s, so she will have more money at age 60.  

4 0
3 years ago
which of the following economic activities would be included in u.s. gross domestic product (gdp)? group of answer choices illeg
kolbaska11 [484]

Pure services, such as haircuts is the economic activity that would be included in the U.S. gross domestic product (GDP).

GDP does not reflect illicit or covert economic activity. This implies that only pure services like haircuts can be included in GDP. Personal consumption, corporate investment, government spending, and net exports are the four main components of the gross domestic product. GDP measures the nation's annual total economic production.

Typically, economists concentrate on the ideal GDP growth rate, which is generally accepted to be between 2% and 3% annually. When a nation's GDP is increasing at this rate, it typically experiences economic growth without the drawbacks of high inflation. A country's GDP may vary as per it's population size and availability of resources.

To know more about gross domestic product (GDP), refer to the following link:

brainly.com/question/13511171

#SPJ4

8 0
1 year ago
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