Which of the Following Statements Regarding a Trade-In Allowance Is

Which of the following statements regarding a trade-in allowance is most accurate?

A) A trade-in allowance is a noncash exchange of one product for another of equal or lesser value.
B) A trade-in allowance is an effective way to lower the price a buyer has to pay without formally reducing the list price.
C) A trade-in allowance is a cash-back payment when a more expensive item is replaced with a less expensive one.
D) A trade-in allowance is the return of money based on proof of purchase.
E) A trade-in allowance is a cash payment to a retailer for extra in-store support or special featuring of the brand.