Which of the following is an example of a rebate offered to buyers?
A)Getting $25 off a $100 purchase on exchange of a used product.
B)Getting $3 off a $100 purchase for paying the bill within 10 days.
C)Getting $5 returned by mail after a $100 purchase for making the purchase.
D)Getting $100 off a $1,000 purchase for buying in bulk quantities.

Question

Quizplus · Accepted Answer

Option C is an example of a rebate offered to buyers. The buyer is promised to receive $5 returned by mail after making a $100 purchase. This encourages customers to make future purchases from the same retailer as they will be eligible to receive discount/offer for their purchase.

Which of the Following Is an Example of a Rebate