AFP Certified Treasury Professional CTP Question # 462 Topic 24 Discussion

AFP Certified Treasury Professional CTP Question # 462 Topic 24 Discussion

CTP Exam Topic 24 Question 462 Discussion:
Question #: 462
Topic #: 24

USA Tires, LLC is a U.S. company that manufactures a high performance tire. It has $500 million in annual domestic sales. Customer A is located 50 miles from the USA Tires warehouse. Customer A orders 1,000 high performance tires per month at a price of $50 per tire. It has credit terms of 30 days. Customer B is located 40 miles from the USA Tires warehouse. Customer B orders 1,000 high performance tires per month at a price of $60 per tire. Customer B has credit terms of 20 days. Which legislation is being violated in the scenario?


A.

Glass-Steagall Act (1933)


B.

Robinson-Patman Act (1936)


C.

Fair Credit Billing Act (1975)


D.

Fair Debt Collection Practices Act (1978)


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