C&FM Magazine

C&FM Magazine

4.11 - 1251 ratings - Source

No customer has a right to credit terms unless it can demonstrate an ability and willingness to pay credit sales billings within the payment terms offered. ... The steel industry, for example, uses aquot;must discountaquot; terms for some customers while the oil industry uses terms of aquot;load-to-load. ... Two common devices are used: a letter of credit (L/C) with a standby provision, and assignment of account proceeds.

Title:C&FM Magazine
Publisher: - 1987-01


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