A new-car dealer can offer a substantial reduction in the list price of a new Ford pickup truck by offering you a _____ of $3,000 for your 1988 Camaro.
A)cash discount
B)functional discount
C)seasonal discount
D)trade-in allowance

Question

Quizplus · Accepted Answer

The given scenario describes a situation where the dealer is offering a reduction in the list price of a new Ford pickup truck by accepting the 1988 Camaro as a trade-in. Hence, the correct choice is D, which refers to the trade-in allowance. A cash discount (A) refers to a reduction in the final price when the customer pays in cash. A functional discount (B) is offered for a specific function or purpose, such as bulk purchases. A seasonal discount (C) is provided during specific seasons or periods, such as end-of-season sales.

A New-Car Dealer Can Offer a Substantial Reduction in the List