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The term ‘5 Net 7' on an invoice means that?


Question

The term ‘5 Net 7’ on an invoice means that?

Options

A) 5% discount will be allowed on the price charged if payment is made within seven days

B) 5% discount will be allowed on the price charged if payment is made after seven days

C) 5% surcharge will be made unless payment is made within seven days

D) 5% dicount will be allowed on the charged if the goods are bought within seven days

The correct answer is A.


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