To Encourage Credit Customers to Pay Invoices Promptly, a Business

question 46

Multiple Choice

To encourage credit customers to pay invoices promptly, a business owner should ________.

• A)ensure that all invoices are clear, accurate, and timely
• B)state clearly a description of the goods or services purchased and an account number
• C)include a telephone number and a contact person in case the customer has a question or a dispute
• D)All of the above

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Definitions:

U.S. Patent and Trademark Office

The federal agency responsible for granting U.S. patents and registering trademarks, providing protection for inventors and businesses.

Federal District Court

The general trial courts of the United States federal court system, where civil and criminal cases are filed.

Long-Arm Statutes

Laws that allow a court in one jurisdiction the power to exercise jurisdiction over a defendant from another jurisdiction, provided that the defendant has sufficient connections with the area.

Minimum Contacts

A legal principle that determines the ability of a court to exercise jurisdiction over parties, based on their connection to the place where the court is located.