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Goods are sold Dec 1, with terms 2/10, n/EOM, FOB shipping point Which of the following is (are) correct? Select ALL correct choices, incorrect choices
Goods are sold Dec 1, with terms 2/10, n/EOM, FOB shipping point Which of the following is (are) correct? Select ALL correct choices, incorrect choices are penalized. Seller pays the shipping costs. A 2% discount is deducted, if payment is made in 10 days. If payment is not made within 10 days, the full amount must be paid by Dec 31. 2% interest is charged, if payment is not made within 10 days. Buyer must pay on or before Dec 11th to receive the discount
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