Examlex
Which of these is an example of time utility?
2/10 Net 30
A common payment term indicating that a buyer can take a 2% discount on the invoice price if payment is made within 10 days; otherwise, the net (full) amount is due within 30 days.
Trade Discount
A reduction in the listed price of goods or services provided by the seller to those in the same trade or industry.
Retail List Price
The manufacturer's suggested retail price for a product, which is often higher than the actual selling price in stores.
Best-Selling Grass Seed
A type of grass seed that has achieved high sales volumes and popularity due to its quality, resilience, or suitability for various climates or soils.
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