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In a typical Trade Receivable arrangement, the primary participants involved are the buyer, seller, and bank . The buyer is the entity purchasing goods or services on credit from the seller . The seller is the entity providing the goods or services and generating the receivable from the buyer . The bank, often acting as a financing institution, provides funds to the seller by discounting or factoring the trade receivable . This allows the seller to receive immediate payment, while the bank assumes the responsibility of collecting the receivable from the buyer at a later date . The involvement of a bank in a Trade Receivable arrangement helps provide liquidity to the seller and mitigates the risk of non - payment by the buyer .
Which among the following is the reason for convergence exhibited by the Solow growth Model ?
Two mutually exclusive events
Suppose the wedding dress industry is a perfectly competitive constant cost industry. Suppose also that market demand for wedding dresses is described b...
Guess an even integer between 1 and 100 that is closest to 1/2 of the mean of the guesses, what will be the equilibrium in that case?
Calculate Domestic Income: