In the Credit Terms of 2/10,n/30,what Does the 2/10 Mean

question 128

Multiple Choice

In the credit terms of 2/10,n/30,what does the 2/10 mean?

• A) The invoice must be paid in 2 days or a 10% late charge will be assessed.
• B) The invoice was printed 2 days after the sale and is due in 10 days.
• C) The goods shipped took 2 days to arrive and the charge was $10.00.
• D) The purchaser may take a 2% discount if the invoice is paid in 10 days.

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Definitions:

Taxonomy

The science of classifying organisms into categories based on shared characteristics and providing names for these entities.

Nez Perce

A Native American tribe originally from the Pacific Northwest region of the United States.

Coyote

A species of canine native to North America, known for its adaptability to various habitats including urban areas, and its role in various cultural mythologies.

Cultural Processes

The means by which the practices, values, and social norms of a society are maintained and transmitted across generations.