SECTION D - TRADING DEBTS

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

 

Yes.

 

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

 

One to three months.

 

(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 seldom.

 

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

 

Conditional sales in which the seller keeps the ownership title to the goods until and unless certain conditions are satisfied are common in Taipei,China.