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Several houses built in a country during a certain year were mildly damaged because of an earthquake.Which of the following is likely to happen in this case?
Terms of Sale
The conditions under which a sale is made primarily with respect to payment. Terms include a date on which payment is due and often specify a prompt payment discount that may be taken if payment is made within a specified time.
Lock Box Systems
A service provided by banks to companies for the quick collection of payments from customers by directing those payments to a special post office box.
Float Management
The practice of managing the time difference between issuing and clearing checks to optimize the available cash flow.
Lock Box Systems
A service offered by banks to companies for the receipt of payment from customers, involving the collection of payments in regional post office boxes and processing them quickly.
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