A letter refusing credit might effectively include a statement such as Cash purchases receive a 2 percent discount.

Name: A letter refusing credit might effectively include a statement such as Cash purchases receive a 2 percent discount.
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Quizplus · Accepted Answer

Including a statement about cash purchases receiving a discount in a letter refusing credit could encourage the recipient to consider paying in cash instead of relying on credit.

A Letter Refusing Credit Might Effectively Include a Statement Such