Finding Out Who Is Ultimately Responsible for a Bad Debt

question 67

True/False

Finding out who is ultimately responsible for a bad debt can be helped by D&B's D-U-N-S (Data Universal Numbers System)that tracks relationships and ownership of businesses within D&B's information base.

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Definitions:

Negotiations

The process of discussing terms between parties with the aim of reaching an agreement.

Strategies

Planned methods or actions for achieving specific goals.

Encounter

Encounter typically refers to an unexpected or casual meeting between individuals or groups, often leading to a confrontation or negotiation.

Sensitive

Being easily affected by external forces or stimuli; often refers to issues or subjects requiring careful handling.