Credit terms of 2/10, n/45 mean:
A. if the invoice is paid within 10 days of its date, a 2% discount may be taken; otherwise the total amount is due in 45 days.
B. payment in full is due 45 days after date of the invoice with no discount offered.
C. if the invoice is paid within 10 days of its date, a 2% discount may be taken; otherwise the total amount is due in 35 days.
D. payment in full is due 2 days after date of the invoice.
Answer: A
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