Examlex
Which of the following established the inductive method of science?
Annual Percentage Rate
A measure of the cost of borrowing, including interest and other fees, represented as a yearly rate and providing a comprehensive view of the loan cost.
Terms Of Sale
The conditions agreed upon by the buyer and seller covering payment, delivery, and the transfer of ownership of goods or services.
Credit
Credit refers to the trust which allows one party to provide resources to another party wherein the second party does not reimburse the first party immediately, but promises either to repay or return those resources at a later date.
Net 45
A payment term indicating that the full payment is due 45 days after the invoice date.
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