There Is an Invoice Amount of $3,545 Which Includes $120

question 3

Short Answer

There is an invoice amount of $3,545 which includes $120 in freight charges. The terms are 2/10, n/45 and the invoice is paid within the discount period. What is the net invoice amount due?

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Definitions:

Civil Suits

Legal proceedings initiated by individuals or entities seeking to resolve non-criminal disputes or claims against others.

Damages

A monetary compensation awarded by a court to a person who has suffered loss or harm due to the unlawful act or negligence of another.

Equal Credit Opportunity Act

A U.S. federal law aimed at ensuring fair access to credit for all individuals, prohibiting discrimination based on various factors.

Public Assistance Benefits

Governmental financial aid provided to individuals and families in need for basic living expenses, such as food and housing.