Which of the following would tend to increase decrease the credit period?

A) The product is a low-priced item.
B) The product is a standardized raw material.
C) The product is a high-priced item.
D) The product is well established in the marketplace.
E) The product has low collateral value.

Credit Period

The duration of time the buyer is allowed to pay for a purchase after the sale has been made, without incurring any interest.

High-priced Item

An item or asset that has a high cost or value, often relative to similar items in the market.

Low Collateral Value

Low collateral value refers to assets that have declined in worth, offering less security for loans and reducing borrowing capacity.