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Topic: Business
Number of pages / Number of words: 3 / 641
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|a line of credit that allows it to |

| | |borrow from the bank up to an |

| | |established limit,” (Brealey, Myers, |

| | |Allen, 2005, p.9). |

|Term of Sale |Lawrence Sports will need to set up a credit account which will be directed |“If you are supplying goods to a wide|

| |to the Mayo stores, their primary customer...


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Since Mayo has not been meeting |variety of irregular customers, you |

| |their due dates, Lawrence Sports will need to change the term of sale with |may demand cash on deliver (COD). |

| |them. |And, if your produce is |

| | |custom-designed, it may be sensible |

| | |to ask for cash before delivery (CBD)|

| | |or to ask for a progress payment as |

| | |the work is carried out,” (Brealey, |

| | |Myers, Allen, 2005, p...


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