Trade credit
Small firms may be able to get finance in the form of trade credit from their suppliers. Suppliers enable the company to obtain the products and services it requires and pay for them later or in installments.
<h3>What is the meaning of trade credit?</h3>
A business-to-business (B2B) agreement known as trade credit allows customers to make purchases of goods without paying in cash upfront and to make payments to suppliers at a later date. Businesses that use trade credits typically give customers 30, 60, or 90 days to make payment, with the transaction being documented by an invoice.
Trade credit can be compared to a form of 0% financing because it increases an organization's assets while deferring payment for a certain amount of products or services to the future and requires no interest payments throughout the repayment period.
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Answer:
Provincial Government means, anything done before the commencement of the Constitution, the authority or person authorized at the relevant date or administer executive government in the Province in question.
Example:
Canada has 10 provinces, making it a provincial government form.
This is <u>not true</u> with regards to investing in stock: <u>A. A stockholder</u> will always receive a profit when the stock is sold.
<h3>Who is a stockholder?</h3>
A stockholder is a <u>part-owner</u> of a company who holds a stock.
The stockholder or shareholder may be a person, an institution, or another company.
Thus, it is <u>not true</u> that <u>A. A stockholder</u> will always receive a profit when the stock is sold.
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