Lee's, a department store, decides to promote its sales during Christmas. In the clothing section, it offers customized men's T-shirts for $11.99. To every customer who purchases a pair of shoes, the shoe department issues a document promising a discount of $20 on the customer's next shoe purchase. The store also has its air conditioners on sale at a reduced price because the sale of air conditioners is slow during the month of December and the company wants to get rid of its slow-moving merchandise.
-The document the shoe department gives to every customer who buys a pair of shoes is a:
A)rebate.
B)size discount.
C)markdown.
D)coupon.
E)quantity discount.

Question

Quizplus · Accepted Answer

The document given by the shoe department promising a discount on the next purchase is a coupon, as it offers a specific discount on a future purchase rather than reducing the price of the current purchase (rebate) or offering a discount based on the quantity purchased (quantity discount). The document does not involve changing the size of the purchase (size discount) or reducing the price of slow-moving merchandise (markdown).

Lee's, a Department Store, Decides to Promote Its Sales During