Term a. c. Definition The cost of the merchandise inventory that the business has sold to customers. b. An amount granted to the purchaser as an incentive to keep goods that are not "as ordered". A type of merchandiser that buys merchadise either from a manufacturer or a wholesaler and then sells those goods to customers. d. A situation in which the buyer takes ownership (title) at the delivery destination point. A type of merchandiser that buys goods from manufacturers and then sells them to retailers. f. A discount that businesses offer to purchasers as an incentive for early payment. A situation in which the buyer takes title to the goods after the goods leave the seller's place of business. The terms of purchase or sale as stated on the invoice. A seller's request for cash from the purchaser. e. 1. Credit Terms 2. FOB Destination 3. Invoice 4. Cost of Goods Sold 5. Purchase Allowance 6. FOB Shipping Point 7. Wholesaler 8. Purchase Discount 9. Retailer 9. h. i. Choose from any drop-down list and then click Check