Examlex
Which of the following elements of the promotional mix is defined as a paid form of nonpersonal presentation of ideas, goods, or services by an identified sponsor using predominantly mass media?
Cash Discount
A reduction in an invoice amount available to the buyer for paying all or part of the amount due within a stated period of time.
Invoice Date
The date stated on an invoice; the beginning of the discount period.
Partial Payment
A payment that is made towards a debt or obligation that is less than the full amount owed at that time.
Discount Date
The specified date before which a payment can be made on an invoice to receive a discount for early payment.
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