Question: Payment terms, when for ordering expensive equipment, may include a 2% discount if the buyer pays within the first 10 days of receiving the invoice.

Payment terms, when for ordering expensive equipment, may include a 2%

Payment terms, when for ordering expensive equipment, may include a 2% discount if the buyer pays within the first 10 days of receiving the invoice. This situation describes which type of discount? Select one: a. Cash discount b. Rebate c. Promotional/trade allowance d. Quantity discount e. Seasonal discount

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