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To Buy Goods On Credit Means To. For example, the credit terms for credit sales may be 2/10, net 30. Promise to pay for goods later.
from venturebeat.com
Register now or log in to answer. If the amount you are spending on your basic foodstuff rises, this means you have less to spend on other foods. The only way it’s actually worth more than the price is if you can actually sell it at a higher price.
If you see an item you don’t need and didn’t really want, but you buy it because you think it’s actually worth more than the price, you’re still wasting money. This means that the amount is due in 30 days (net 30). This is especially useful if the exporter has outsourced all or a part of the goods. Assume company a sold $10,000 worth of goods to michael.
