Sales on open account are _____ for most exporters and ______ for most importers, all else constant.
A) attractive; attractive
B) attractive; unattractive
C) unattractive; attractive
D) unattractive; unattractive
E) None of the above

Question

Quizplus · Accepted Answer

Sales on open account are unattractive for most exporters because they face the risk of non-payment or late payment from importers. On the other hand, these terms are attractive for most importers because they get to defer payment and use the funds for other purposes before making payment.

Sales on Open Account Are _____ for Most Exporters and ______

Sales on Open Account Are _ for Most Exporters and __