Examlex
In a third-party liability (dram shop) lawsuit,who is the third party?
Credit Period
The duration of time a buyer is given by a seller to pay for a purchase.
Cash Discount
An incentive offered by sellers to encourage buyers to pay their invoice ahead of the due date.
Discount Period
The time frame between the date a bill is issued and its payment date, within which payment may be made at a discount.
Credit Report
A detailed breakdown of an individual's credit history prepared by a credit bureau, used by lenders to determine creditworthiness.
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