Question
Absent any possibility of repeat orders, if the default probability is less than the profit margin, you should extend credit for the sale. TRUE or
Absent any possibility of repeat orders, if the default probability is less than the profit margin, you should extend credit for the sale.
TRUE or FALSE and why?
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International Business
Authors: Michael Czinkota, Iikka A. Ronkainen, Michael H. Moffett
8th edition
470530658, 470530650, 978-0470530658
