Kriyoto Inc.is a manufacturer of printers,scanners,and other office equipment.It announced a cash refund for corporate purchases in quantities more than ten.Rick purchased 20 color printers for his office from Kriyoto during this sale.To avail the cash refund,he had to mail in a proof of purchase,purpose of purchase,proof of his company's legality,and his cash register receipt.In this case,Rick has received a:

Question

Quizplus · Accepted Answer

Rick has received a rebate, which is a partial refund of the purchase price offered by the manufacturer to encourage sales.