Examlex

Solved

If a Buyer Is Offered the Terms of Sale of "3/10

question 253

True/False

If a buyer is offered the terms of sale of "3/10, net 30" this means that the buyer can receive a 10 percent discount by making full payment within 30 days of the billing date.


Definitions:

Infants

Young babies or children, particularly those under one year of age, who are at the earliest stage of their development.

Months

Units of time in calendars approximately equivalent to the natural period related to the motion of the Moon; used to measure durations shorter than a year and longer than a day.

Single Words

are linguistic units that contain meaning and can stand alone as a statement, question, or command.

Months

Divisions of the year, typically twelve, used in calendars to organize time into manageable units based on the Earth's orbit around the Sun.

Related Questions