Dennis Has Made a Purchase of R50 000 Using Trade

question 102

Multiple Choice

Dennis has made a purchase of R50 000 using trade credit with terms of 2/10 net 30.How much discount will he receive if the buyer pays the bill on the net due date?

• A)R0
• B)R500
• C)R1 200
• D)R3 000

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Definitions:

Situational

Depending on or relating to a specific set of circumstances or context, often implying that different situations require different responses or actions.

Consensus Behaviour

Actions or attitudes adopted by a group as a whole, reflecting a common agreement or shared opinion among its members.

Dispositional Attribution

The tendency to attribute someone's behavior to their personal traits or disposition, overlooking external factors.

Resignation

The act of giving up a job or position, often formally through a written notice.