The term 5 Net 7 on an invoice means that - JAMB Commerce 1999 Question
The term ‘5 Net 7’ on an invoice means that?
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
correct option: a
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