Commission is the remuneration paid to the intermediate trader for his service while discount a favour of the price on the buyer.
举一反三
- The seller reduces the price by a certain percentage of the original price the for the buyer according to the original price, that’s to say to do proper favour in price on the buyer, the favour is ( ) A: commission B: discount C: advance payment D: deposit
- In international trade, the commission is usually collected by ( ) A: the seller B: the buyer C: the shipping company D: intermediate trader
- What should be made clear when the seller and the buyer talk about price during business negotiation? A: The trade terms and the price adjustment B: The liabilities of the seller and the buyer C: The commission and/or discount in the quoted price D: All of above
- The money received by an agent for his intermediary service is () A: premium B: discount C: freight D: commission
- A sales discount is: A: A reduction in price below the list price. B: Recorded as a credit of inventory account. C: Offered to the buyer for keeping damaged goods. D: Offered to encourage early payment from the buyer.