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Which is the term in the credit terms

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Reference no: EM132695467

Problem 1: The buyer received an invoice from the seller for merchandise with a list price of $400 and credit terms of 2/10, n/60. The term 'n/60' in the credit terms is which of the following?

A) Credit period

B) Trade discount

C) Cash discount allowed for early payment of the invoice

D) Discount period

E) None of the above

Reference no: EM132695467

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