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Sunshine Juice Co. in Ontario is negotiating with CherryCo in British Columbia for the purchase of cherries for use in fruit juice. If Sunshine Juice

Sunshine Juice Co. in Ontario is negotiating with CherryCo in British Columbia for the purchase of cherries for use in fruit juice. If Sunshine Juice Co offers to buy 1000 kg of cherries from CherryCo for $25,000 payable 30 days after delivery and CherryCo responds; "We agree but will require 50% payment in advance", which statement best describes the situation?

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