Question

Likely disadvantage(s) of using trade credit include ___________.

• A. Loss of goodwill
• B. Higher prices of raw materials
• C. The opportunity cost of discount
• D. All of the above

Answer 1

The correct option is D All of the above

Trade credit is issued when goods and services are traded on credit. It is offered by one seller to the other.Disadvantage(s) of using trade credit include:a) loss of goodwill

b) higher prices of raw materials

c) the opportunity cost of discount.