Which one of the following sources of information regarding a current customer’s continued credit worthiness is...

Which one of the following sources of information regarding a current customer’s continued credit worthiness is easiest for a seller to obtain?

A. Financial Statements

B. Payment History on past purchases

C. Credit Standing with Similar firms

D. Information Provided by the bank

E. Credit Reports

Expert Solution

A seller would most probably be maintaining all the past purchases and payment history data for a current customer, thus it would be easiest to obtain. The answer is -

B. Payment History on past purchases

jeff jeffy answered 2 years ago

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