Credit Terms of "2/10,n/30" Mean That If Payment Is Made

question 6

True/False

Credit terms of "2/10,n/30" mean that if payment is made in two days,a 10% discount may be taken; if not paid within two days,the full invoice price will be due in thirty days.

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Definitions:

Workday Shopping

The activity of purchasing goods or services during the working hours of a typical business day.

Showrooming

The practice of examining merchandise in a traditional brick-and-mortar retail store without purchasing it, then shopping online to find a lower price for the same item.

Online Promotions

Marketing activities conducted via the internet, including social media advertising, email marketing, and search engine marketing, aimed at increasing brand visibility and sales.

Webrooming

The practice of researching products online before buying them in a physical store, contrasting with showrooming.