Commission structures vary with the type of security being traded, the type of broker involved and the size of the order

Indicate whether the statement is true or false.

Answer: TRUE

Business

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Credit terms of a merchandising company are 1/15, net 40. This means that the buyer can receive a discount of 1% if the invoice is paid within 40 days of the invoice date

Indicate whether the statement is true or false

Business

Which type of incentive is designed to change purchasing habits over the long term?

A) financial B) consumer C) convenience D) value-added

Business