Examlex
Which of the following is TRUE regarding reducing the risk of injury?
Credit Period
The time frame between when a purchase is made and when the payment for that purchase is due, without incurring any interest.
Cash Discount
A reduction in the price of an item for sale, offered by the seller as an incentive for the buyer to pay promptly.
Trade Credit
Short-term financing extended by a seller to a buyer allowing the latter to purchase goods or services and pay for them at a later date.
Trade Credit
The credit extended to a buyer by a supplier, allowing the buyer to purchase goods or services and pay for them at a later date.
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