_____ is when the vendor allows the retailer extra time before payment is due for goods.
A) FOB destination
B) Extra dating
C) Space reduction
D) FOB factory
E) Space constraints

Question

Quizplus · Accepted Answer

Extra dating is when the vendor allows the retailer additional time before payment is due for goods. FOB destination refers to the point at which ownership of goods transfers from the vendor to the retailer, while FOB factory refers to the point at which goods leave the vendor's factory. Space reduction and space constraints are unrelated to payment terms.

_____ Is When the Vendor Allows the Retailer Extra Time