Question

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HH have returned a faulty item they received 10 days ago. They purchased 40 units, but only one was faulty. What type of item will this require? Select one: A. Irrecoverable debt B. Credit note C. Dou

Answer 1

B. Credit note.

Step-by-step explanation:

A credit note is a document issued by the seller to the buyer, acknowledging that the buyer has returned a faulty item and providing credit for the value of the item. In this case, since only one unit out of the 40 purchased was faulty, HH would be entitled to receive a credit note for the value of that particular faulty unit. The credit note can then be used by HH to offset the cost of future purchases or to obtain a refund for the faulty item.