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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 680 |
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Conditional sale is also an option that allows the seller to repossess the goods in case that the buyer is unable to make the payments (car dealership industry).
3. Credit analysis. As a rule, firms are not allowed to discriminate their customers by charging differently nor offering same prices but different credit terms...
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However, firms may offer different terms of sales to different class of customers, for example, discounting for large volume or long-term contract. Customer credit report may be obtained through credit bureaus and credit or rating agencies.
4. The credit decision. Two scenarios may be involved into the credit decision of a firm:
- One time transaction...
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