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The term 4 net 7 on an invoice means that?
Question 1
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The term 4 net 7 on an invoice means that?
4% surcharge will be made unless payment iss made within seven days
4% discount will be allowed on the price charged only if the goods are bought within seven days
4% discount will be allowed on the price charged only if payment is made after seven days
4% discount will be allowed on the price charge if payment is made within seven days
Answer Details
Read lesson note on Purchase And Sale Of Goods (JAMB)
Read lesson note on Commerce (JAMB)
Purchase And Sale Of Goods
Commerce
View Answer