When Writing a Letter to a Customer Denying Credit,you Should

question 102

Multiple Choice

When writing a letter to a customer denying credit,you should have four goals.Which of the following is not one of these goals?

• A)Promising the customer that credit will be granted in the future
• B)Retaining the customer on a cash basis
• C)Avoiding language that causes hard feelings
• D)Avoiding disclosures that could cause a lawsuit

---

Definitions:

UCC

Refers to the Uniform Commercial Code, a set of laws governing sales and commercial transactions in the United States.

Checks

Banking instruments that order a bank to pay a specific amount of money from the writer's account to the person or entity in whose name the check has been issued.

Postdate

To mark or assign a date to a document or check that is later than the actual date.

UCC

A broad set of regulations known as the Uniform Commercial Code is in place to manage all commercial dealings within the United States.