Simple Interpretation of Continuity Tester Readings. Below are photos of both a simple lightbulb and battery continuity tester, and a standard DMM set to its resistance (Ohms) range, showing various conditions one is most likely to find when testing D.C. continuity of a circuit.
Definition of payment due date: The date when payment should be received by the company.
The customer does not have the right to defer payment after the due date, but agrees to pay a charge for late payment. To be considered a late charge, the merchant must treat the account as past due if payment is not made and not allow the customer to add more charges to the already past due account. The maximum rate is 1% per month, or 12% per year. A typical agreement concerning a late payment charge would be a statement on the sales slip or service agreement stating:  Payment is due within 30 days of sale.