Which of the Following Is a Payment Option for the Financial

question 13

Multiple Choice

Which of the following is a payment option for the financial manager purchasing on credit

• A)Pay on the day of purchase
• B)payment at the end of the cash discount period
• C)pay after the end of the credit period
• D)all of the above
• E)none of the above

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Definitions:

Actual Cause

The direct, factual reason something happened in legal causation, often referred to as 'cause in fact.'

Proximate Cause

A legal concept that establishes the actual cause of an event or damage, linking the defendant's actions to the consequences directly.

Causation Elements

Key components in law that establish the connection between an action and its effect, necessary for legal liability.

Legal Duty

An obligation imposed by law, requiring a person to conform to a certain standard of conduct toward others.