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Question 4 1 Extending credit as a small business is often a tough decision. We know from the material that when extending credit to customers,
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Extending credit as a small business is often a tough decision. We know from the material that when extending credit to customers, small businesses find that:
A it is expensive and risky.
many can get by without selling on credit because their business customers do not expect to use credit.
it is relatively inexpensive and simple.
it is essentially borrowing money from the customer.
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