Godfreys will give customers $100 for a used vacuum cleaner,regardless of condition,when they purchase a new vacuum or sewing machine.This essentially reduces the price by $100.What is this type of discount called?
A)functional discount
B)captive-product discount
C)seasonal discount
D)trade-in allowance
E)by-product allowance

Question

Quizplus · Accepted Answer

This is a trade-in allowance as customers are being given a discount for trading in their old vacuum cleaner towards the purchase of a new one.

Godfreys Will Give Customers $100 for a Used Vacuum Cleaner,regardless