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Under sales on credit, the supplier-customer relationship may be terminated under the law in the following situation except: Select one: a. Death of the customer b. Liquidation or bankruptcy of the customer c. Mental incapacity of the customer or personal guarantor d. Legal suits/litigation commenced against the customer

Under sales on credit, the supplier-customer relationship may be terminated under the law in the following situation except: Select one: a. Death of the customer b. Liquidation or bankruptcy of the customer c. Mental incapacity of the customer or personal guarantor d. Legal suits/litigation commenced against the customer

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Under sales on credit, the supplier-customer relationship may be terminated under the law in the following situation except:

Select one:
a. Death of the customer

b. Liquidation or bankruptcy of the customer
c. Mental incapacity of the customer or personal guarantor

d. Legal suits/litigation commenced against the customer

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