Tuesday 7 June 2011

10d the BIG Question...

Read the 'Going to a small claims court' case study carefully on page 144. When debtors (people who owe you money) default on payments this can have a 'domino effect' of cashflow problems along the supply chain. i) Explain, using the scenario of the case study what we mean by 'domino effect'. ii) What options does David have if he is to avoid defaulting on paying the bathroom supplier?

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