When the salesperson from R.W.Hunt & Sons,a distributor of rifles and other items needed for hunting or target practice,calls on retail sporting goods stores,she is authorized to offer the retailers a 15 percent discount from the list price in recognition of activities retailers perform for the distributor.These activities include unpacking,floor display setup,and a repair service.What is this 15 percent reduction called?
A)bulk discount
B)promotional allowance
C)trade discount
D)channel allowance

Question

Quizplus · Accepted Answer

A functional,or trade,discount is the customary discount from list price that is offered to intermediaries in recognition of functions that are performed in the selling of the product.

When the Salesperson from R