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If government tightens timely payment law what is the combined effect on small suppliers and large buyers?

Answer and explanation

Correct answer: Small suppliers cash flow may improve and payment discipline on large buyers will rise

Timely payment rules change financial processes of both parties. In exams identify side wise effects of policy.

Related tags

Business-EnvironmentPolitical-EnvironmentClass-12ExpertPolitical EnvironmentBusiness EnvironmentBusiness StudiesClass 12 Mcq

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