Which of the following statements about rebates is true?
A)Rebates are refunds paid to consumers after a purchase.
B)Rebates ensure that the final consumer gets a producer's price reduction.
C)Many consumers purchase a product because a rebate is offered,but then never request the refund.
D)Many consumers think that some sellers make it an unnecessary hassle to claim a rebate.
E)All these statements are true.

Question

Quizplus · Accepted Answer

Rebates are refunds paid to consumers after a purchase and give producers a way to be certain that final consumers actually get the price reduction.Many consumers purchase products but never request the refund.Many consumers also think that retailers make it harder to claim rebates.

Which of the Following Statements About Rebates Is True