True or False? a. Exporters who require greater certainty of payment arrange for the customers to sign

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True or False?

a. Exporters who require greater certainty of payment arrange for the customers to sign a bill of lading in exchange for a sight draft.

b. It makes sense to monitor the credit manager’s performance by looking at the proportion of bad debts.

c. If a customer refuses to pay despite repeated reminders, the company usually turns the debt over to a factor or an attorney.

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Principles of Corporate Finance

ISBN: 978-0077404895

10th Edition

Authors: Richard A. Brealey, Stewart C. Myers, Franklin Allen

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Question Posted: Dec 31, 2012 09:54 AM

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True or False? a. Exporters who require greater certainty of payment arrange for the customers to sign

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Principles of Corporate Finance

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