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

FALSE

Business

You might also like to view...

Each of the following is a kind of leader behavior identified in the path-goal theory of situational approaches to leadership EXCEPT which one?

A. Directive leader behavior B. Achievement-oriented leader behavior C. Autocratic leader behavior D. Supportive leader behavior

Business

A transfer of real property by court action would MOST Likely occur in which of the following?

A. Eminent domain. B. Zoning. C. Delivery of the deed. D. Police power.

Business