Question

Sale 1..1------------0..1 Cash Receipt Consider the sale and cash receipt classes shown above. What kind of...

Sale 1..1------------0..1 Cash Receipt

Consider the sale and cash receipt classes shown above. What kind of business is this (in terms of its payment requirements from customers)? How would the multiplicities change if the business (e.g., a used car dealer) accepted multiple payments over time?

Homework Answers

Answer #1

If sale 1..1----------0..1 Cash Receipt than the business should be financing or giving Credit

If the business offers multiple payments it lead it leads to increase in Sales which expands business. It makes customers easy to make payment through any medium at anywhere in the world. Customer can avail the product easily due to increase in credit rating. Business can recover the amount of cedit given much earlier.Cusomer can avail more the a single product at a time.

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