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Sue and Mary are talking about knitting.Sue is trying to remember the first time she ever knitted.Mary is trying to remember what the word knitting means.Sue is trying to recall a(n)
________ memory and Mary is trying to recall a(n) ________ memory.
Full Settlement
This term refers to the complete payment or resolution of an outstanding debt, account, or contractual obligation.
FOB Shipping Point
A term used in shipping contracts to indicate that the seller is responsible for delivering goods to a shipping point, and the buyer is responsible for all costs and risks of loss or damage to goods from that point forward.
Credit Memo
A document issued by a seller that reduces the amount owed by a buyer, typically due to a return or refund.
Cash Discount
A cash discount is a reduction in the price of goods or services allowed by the seller to encourage prompt payment by the buyer.
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