Solid Surface, a countertop store, will give customers a 10 percent discount if they pay their bills in full in 20 days; however, after 20 days they do not receive a discount. This is an example of a ________.
A) cash discount
B) trade discount
C) quantity discount
D) seasonal discount
E) promotional allowance

Question

Quizplus · Accepted Answer

This is an example of a cash discount, which is a discount offered to customers who pay in cash or pay their bills early.

Solid Surface, a Countertop Store, Will Give Customers a 10