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Question
What is a disadvantage of trade credit in the case of a buyer?
What is a disadvantage of trade credit in the case of a buyer?
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Solution
The disadvantages of a trade credit are as follows:
- Loss of goodwill
- High price of raw materials.
- Losing the supplier
Also read:
- MCQ on Internal Trade
- History of Trade and Commerce in India
- Trade Deficit
- MCQs on International Trade and Finance
Learn about more commerce questions and answers from different topics in business studies, economics and accountancy from our website.
The disadvantages of a trade credit are as follows:
- Loss of goodwill
- High price of raw materials.
- Losing the supplier
Also read:
- MCQ on Internal Trade
- History of Trade and Commerce in India
- Trade Deficit
- MCQs on International Trade and Finance
Learn about more commerce questions and answers from different topics in business studies, economics and accountancy from our website.
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