In the Credit Terms of 2/10, N/30, What Does the 2/10

question 30

Multiple Choice

In the credit terms of 2/10, n/30, what does the 2/10 mean?

• A)The invoice was printed 2 days after the sale and is due in 10 days.
• B)The invoice must be paid in 2 days or a 10% late charge will be assessed.
• C)The goods shipped took 2 days to arrive and the charge was $10.00.
• D)The purchaser may take a 2% discount if the invoice is paid in 10 days.

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Definitions:

Phonology

A language’s sound system.

Sound System

An arrangement of electronic equipment for amplifying and reproducing sound.

Pragmatics

The useful character of language and the ability of language to communicate even more meaning than is verbalized.

Useful Character

An individual's traits or qualities that contribute positively to their ability to reach personal or communal goals.