Answer :
Final answer:
Business advantages, vital information, and ensuring timely payments in credit sales.
Explanation:
Advantages for the business when goods are sold on credit:
- Increased sales revenue.
- Builds customer loyalty.
Vital information to check before allowing anyone to buy goods on credit:
- Credit history.
- Income stability.
Ways for the business to ensure debtors pay on time:
- Implementing strict payment deadlines.
- Sending reminders and follow-ups for overdue payments.
- Learn more about credit sales here:
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