Credit Terms 2/10, Net 30 Means ________

question 77

Multiple Choice

Credit terms 2/10, net 30 means ________.

• A) a discount of 10% is granted if payments are done within 30 days
• B) a discount of 10% is granted if payments are done within 2 days, net 30 days available
• C) a discount of 2% is granted if payments are done within 10 days, net 30 days available
• D) a discount of 2% is granted if payments are done within 30 days, beyond which a 10% interest is charged

---

Definitions:

Response Prevention

A therapeutic technique in behavioral therapy aimed at reducing the occurrence of unwanted behaviors by preventing the individual from performing their usual response to a trigger.

Obsessed

The condition of being preoccupied or filled with persistent thoughts, ideas, or feelings about someone or something, often in a way that seems involuntary.

Cleanliness

The state or quality of being clean and free from dirt, or the process of achieving and maintaining that state.

Aversion Conditioning

A method of behavioral therapy that involves associating a negative reaction with a particular stimulus in order to reduce or eliminate undesirable behavior.