(a) Is it usual in this economy for suppliers of goods or services to supply those goods or services to corporations on credit?

 

It is common for suppliers of goods in Pakistan to supply goods on credit. This practice also applies to suppliers of services but is less common.

(b) If so, what would be the average credit period of time?

 

The average credit period would be 30 to 60 days.

(c) Is it possible and/or usual in this economy for a supplier to require security over property of the corporation for the supply of goods or services?

 

It is possible for a supplier to ask for security but this is commonly not done.

(d) If so, is the form of supply known as 'retention of title' practised and recognised in this economy and is it enforced?

 

This form of supply where title is retained by the supplier is not known in Pakistan.