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When a Customer of the Majestic Sign Company Chooses to Pay

Question 118

Multiple Choice

When a customer of the Majestic Sign Company chooses to pay immediately on delivery rather than wait to be billed in 30 days, the buyer receives a 5 percent discount. What is this discount an example of?


A) a quantity discount
B) a cash discount
C) a functional discount
D) a promotional discount

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