Please Define the Following Key Terms

question 7

Short Answer

Please define the following key terms
-Hakka

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Definitions:

Retailer

A business or person that sells goods directly to consumers.

Credit Period

The duration during which a buyer can defer payment to a seller for goods and services purchased on credit.

Payment Terms

Conditions under which a seller will complete a sale, often detailing the time limit for payment and any discounts for early payment.

Amount Owing

The total sum of money that is due to be paid.