When Sherman bought gas, he noticed the convenience store offered him a 3 percent reduction in price if he paid in cash instead of using his credit card.The convenience store was offering him a _____.
A)trade discount
B)cash discount
C)promotional allowance
D)membership discount

Question

Quizplus · Accepted Answer

Retailers provide cash discounts to consumers as well, to eliminate the cost of credit granted to consumers.These discounts take the form of discount-for-cash policies.

When Sherman Bought Gas, He Noticed the Convenience Store Offered