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If a Supplier Is Offering Trade Credit of 1/10 Net

Question 34

Multiple Choice

If a supplier is offering trade credit of 1/10 net 30,and a buyer chooses not to take the discount,when should they pay,assuming that they wish to stay on good terms with the supplier?


A) anytime before day 10
B) on day 10
C) on day 30
D) any time after day 30
E) any time between day 10 and day 30

Correct Answer:

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