What Is Meant by the Term 1

question 52

Multiple Choice

What is meant by the term 1.5/14 net 30?

• A)If the invoice is paid within 14 days a discount of 1.5 percent can be taken,otherwise the invoice is due in 30 days.
• B)If the invoice is paid within 30 days a discount of 14 percent can be taken,otherwise the invoice is due 14 days after that days.
• C)If the invoice is paid within 1.5 days a discount of 14 percent can be taken,otherwise the invoice is due in 30 days.
• D)If the invoice is paid right away,a discount of 14 percent can be taken,otherwise a discount of 1.5 percent can be taken if paid within the next 30 days.

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Definitions:

Colon

A punctuation mark (:) used to precede a list, a quotation, or an explanation that is preceded by a clause that can stand by itself.

Plagiarism

The practice of taking someone else's work or ideas and passing them off as one's own, which is unethical and often punishable in academic and professional contexts.

Academic Consequences

Consequences that affect one's educational performance or status.

Legal Consequences

Results or outcomes that arise from actions that are regulated by law, such as penalties or fines for violating laws.