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प्रश्न
Non-payment of debt on time results in ______.
पर्याय
Higher interest cost
Loss of goodwill
Fines and penalties
All of the above
MCQ
रिकाम्या जागा भरा
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उत्तर
Non-payment of debt on time results in higher interest cost, loss of goodwill and fines and penalties.
Explanation:
- Higher interest cost: Delayed payments often attract higher interest rates or penalties.
- Loss of goodwill: Non-payment damages the company’s reputation among suppliers, creditors, and the public.
- Fines and penalties: The company may be liable for legal fines and additional penalties for breach of terms.
shaalaa.com
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