ocr: Goodwill A good relationship between a business and its suppliers is often an essential ingredient: - in the smooth operation ofthe business's activities. If payments are trequently overdue it may provoke the creditors into retaliatory action. such as those we discussed earlier, e.g. the withholding of tuture supplies or perhaps a refusal to: grant credit. Itisi important, theretore, that businesses respect the credit agreements which they have reached and nonour their obligation to pay upon the due dates.
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