Find the Final Discount Date and the Net Payment Date

question 66

Multiple Choice

Find the final discount date and the net payment date.
-Invoice date: Jan 12
As of: Jan 22
Terms:

• A)Final discount: Feb 6 Payment due: Feb 21
• B)Final discount: Feb 21 Payment due: Feb 6
• C)Final discount: Jan 27 Payment due: Feb 11
• D)Final discount: Feb 5 Payment due: Feb 20

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Definitions:

Liter

A metric unit of volume equal to one cubic decimeter, used to measure liquids and other volumetric quantities.

Intentional Torts

Deliberate acts committed by an individual that cause harm or injury to another person, leading to civil liability.

Tort Law

The area of law that deals with civil wrongs causing harm or injury to individuals or their property, where the injured party can seek compensation.

Federal Law

Legislation that is enacted by the national government and applies throughout the country, overriding state and local laws where there is conflict.