Effects of Late or Non-payments/"Eight C's" of Credit Risk Assessment for A Global Seller
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“Eight C's" of Credit Risk Assessment for A Global Seller
[edit | edit source]Whether a sale is a domestic or international transaction, there are five “C’s” to consider during a credit risk assessment: character, capacity, capital, condition, and collateral. In addition, there are three more “C’s” to consider when the assessment is considered an international transaction: country, currency, and cultural risk.