A Discount Offered as an Inducement for Prompt Payment of an Invoice

question 28

Multiple Choice

A discount offered as an inducement for prompt payment of an invoice is called a(n)

• A) trade discount.
• B) invoice discount.
• C) early discount.
• D) cash discount.

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Definitions:

Modern Earth

Modern Earth refers to the current geological and biological age of Earth, encompassing the present-day conditions and the life forms that inhabit it.

Isotope

Variants of a particular chemical element which differ in neutron number, and consequently in nucleon number, but not in proton number.

Direct Evidence

Evidence that directly proves a fact without needing any inference or reasoning, commonly used in various scientific and legal contexts.