i, ii, iv

i, ii, iii

ii, iii, iv

i, ii, iii and iv

i, ii

i, ii, iii, v

i, ii, iii, iv

not sell on credit

grant longer credit periods

grant short credit periods

need credit

nature of the enterprise

location of the enterprise

board of directors of the enterprise

the extent of competition

Personal loan

 Trade credit

 Consumer credit

 Financial credit

Keep the income of extending credit as low as possible.

To get money from account holders who fail to pay their bills.

Sending out collection letters and answering queries about accounts.

Obtain information about the lender.

customers into buying more than one thing at the same time.

customers into paying cash

 enterprise into promoting multiple sales

customers into operating by themselves

 i, ii, iii

i

 i, ii, iv

i, ii, iii and iv

the payee endorses the cheque and instructs the bank to pay another person

the payee endorses the cheque and makes it payable to a certain person

there are two parallel lines across the face of the cheque

the payee of the order cheque signs their name on the reverse of the cheque

 If credit sales decline, the investment in debtors will also decrease

There will be a smaller likelihood of bad debts

If the credit standard is made stricter, the sales will decrease

 There will be a greater likelihood of bad debts