Economic & Management Sciences 9 - 2025

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The advantages to a business of selling goods on credit include:

Increased sales

Customers are more loyal

All of these options

Less chance of the business being robbed

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The advantages to a customer of being able to buy on credit include:

Can get into a bad debt situation

Goods are more expensive bought on credit

It is easier to shop without the need for carrying cash

All of these options

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