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Is buying and selling goods in a way that is delivered and pay later? Where the purchaser and the seller agree that when the seller delivers goods to the buyer. The buyer will make payment to the seller according to the schedule in the future, for example, one month after the receipt of goods, etc.Trading in this manner is a credit to seller's trade buyer. Buyers often are those who sell trust. Typically, the seller will want to set the limit for each buyer. In order to limit the risk of the seller does not give too high.When the payment is due the purchaser may submit a check, draft or order direct payment to vendors through the Bank's accounts. This, and the agreement of both parties.
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