If the Terms of a Business Exchange Are 2/10 Net

question 246

Multiple Choice

If the terms of a business exchange are 2/10 net 30, this means that the transaction

• A)involves a quantity discount if paid in 30 days.
• B)involves a transfer discount.
• C)offers a discount if the buyer lives within a ten-mile radius.
• D)price does not include the cost of freight.
• E)involves a cash discount if paid within ten days.

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Definitions:

Glucagon-like Peptide-1

A hormone that plays a role in controlling blood sugar levels by promoting insulin release.

Leptin

A hormone predominantly made by adipose cells and enterocytes in the small intestine that helps to regulate energy balance by inhibiting hunger, which in turn diminishes fat storage in adipocytes.

Lanugo

Fine, soft hair that covers the body and limbs of a fetus during development, which is usually shed before birth but can reappear in cases of severe malnutrition.

Anorexia Nervosa

A disorder involving an extreme fear of weight gain, which results in significant limitations on food consumption and frequently results in starvation.