A short-term form of finance obtained by buying goods and services that do not require immediate payment

Question:

A short-term form of finance obtained by buying goods and services that do not require immediate payment is

a. a line of credit

b. trade credit

c. a term loan

d. a promissory note

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Principles And Management

ISBN: 9781111571726

12th Edition

Authors: James L. Burrow, Kenneth E. Everard, Brad Kleindl

Question Posted: