A store advertises a pair of shoes at $79.99 with a cash-back offer of $20.The refund is made by the manufacturer.This is an example of a:
A)rebate.
B)size discount.
C)markdown.
D)coupon.
E)quality discount.

Question

Quizplus · Accepted Answer

This is an example of a rebate, where a customer can receive a partial refund on a purchase after the fact. The $20 cash-back offer from the manufacturer is a rebate.

A Store Advertises a Pair of Shoes at $79