Credit and Collections, Vol. 10 (Classic Reprint) - Hardcover

Inhaltsangabe

Excerpt from Credit and Collections, Vol. 10

The part that credit plays in the general organiza tion of modern life is portrayed in the Text on Eco nomics - The Science of Business. In the present volume credit appears as a phase of business manage ment. It is the purpose of the Text to show the gen eral principles which underlie the granting of credit as well as the business organization in its various aspects, which has made possible the conduct of busi ness on a large scale upon the basis of credit.

It is recognized that only one-half the story is told when credit is granted, that it is not complete till the promised money has been collected. Collections in deed are so intimate a part of credit operations that they cannot be severed from it except by a crude men tal surgery. They occupy, therefore, a considerable space in the present treatment.

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