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Letters of Inquiry regarding Financial Status and Collection Letters — SPCC STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceSPCCLetters of Inquiry regarding Financial Status and Collection Letters1 Mark
Question
Why are goods sold on credit?
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Answer

Generally all the people are not in a position to buy goods on cash, in this, circumstances, to increase sales, seller sells goods on credit.

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