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What was received from customer after the 3% discount period had expired

1) Collection
2) Payment
3) Package
4) Message

1 Answer

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Final answer:

After the 3% discount period expires, the correct term for what was received from a customer is a payment, indicating the customer paid the full amount owed.

Step-by-step explanation:

When the 3% discount period has expired, the term that best describes what was received from a customer is a payment. This indicates that after the opportunity to pay less due to a discount has passed, the customer fulfills their obligation by paying the full amount, which is reflected in the transaction as a payment rather than a reduced amount due to a discount.Given the context provided by the reference information, in relation to a credit card company, if a payment is made after the discount period, it would not entail a collection of goods (package) or a transfer of messages, but strictly a financial transaction where the customer has remitted the required money to settle their account or bill.

The subject of this question is Business and it is suitable for High School students. The question asks what was received from a customer after the 3% discount period had expired.The correct answer is 2) Payment. After the discount period has expired, the customer would still make a payment, but without the 3% discount applied. Therefore, the payment from the customer would be received.

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