When Sherman bought gas, he noticed the convenience store offered him a 3 percent reduction in price if he paid cash rather than used his credit card.The convenience store was offering him a
A) trade discount.
B) cash discount.
C) promotional allowance.
D) rebate.
E) functional discount.
Correct Answer:
Verified
Q215: The purpose of a cash discount is
Q347: Everyday low pricing refers to
A)the pricing strategy
Q348: Like discounts, reductions from list or quoted
Q349: Which of the following statements regarding trade-in
Q350: In the cash discount $500 4/10 net
Q351: Allowances, like discounts; refer to
A)rewards given to
Q353: The acronym EDLP stands for _.
A)enable discount
Q354: Larry's Lawn Care allows customers to use
Q356: Cash payments or an extra amount of
Q357: A trade-in allowance refers to a(n)
A)exchange of
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