Ask a Question

Bronson Company manufactures tools that it sells to wholesalers. Bronson is concerned that it may be unable to collect

in Finance by (257k points)

Question: Bronson Company manufactures tools that it sells to wholesalers. Bronson is concerned that it may be unable to collect money the company is owed by the wholesalers. To address this risk, Bronson Company could purchase

Options:

  1.  A fidelity bond.
  2.  General liability insurance.
  3.  Allied lines insurance.
  4.  Credit insurance.

Please log in or register to answer this question.

1 Answer

0 votes
by (735k points)
selected by
 
Best answer

4. Credit insurance

Bronson Company manufactures tools that it sells to wholesalers. Bronson is concerned that it may be unable to collect money the company is owed by the wholesalers. To address this risk, Bronson Company could purchase credit insurance.

Related questions

...