Which of the Following Correctly Describes Credit Terms of 2/10,n/30

question 98

Multiple Choice

Which of the following correctly describes credit terms of 2/10,n/30?

• A)A two percent discount for early payment is available if the invoice is paid before the tenth day of the month following the month the sale.
• B)A two percent discount for early payment is available if the invoice is paid within ten days of the date of sale.
• C)A ten percent discount for early payment is available if the invoice is paid within two days of the date of the invoice.
• D)A two percent discount for early payment is available if the invoice is paid after the tenth day,but before the thirtieth day of the invoice date.

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Definitions:

Rh Incompatibility

A condition that occurs during pregnancy if a woman has Rh-negative blood and her baby has Rh-positive blood, potentially leading to hemolytic disease of the newborn.

Rh Positive

Rh Positive refers to the presence of the Rh(D) antigen on the surface of red blood cells, a key factor in determining the compatibility of blood types.

Rh Negative

A blood type classification indicating the absence of the Rh (Rhesus) antigen on the surface of red blood cells.

Anti-Rh Antibodies

Immune system proteins that target the Rh factor, potentially causing complications in Rh-incompatible blood transfusions or pregnancies.