Trade discounts represent a discount offered to the purchasers for quick payment.

Name: Trade discounts represent a discount offered to the purchasers for quick payment.
Brand: Quizplus
Rating: 4.9 (63 reviews)

Question

Quizplus · Accepted Answer

Trade discounts are reductions in the list price offered by sellers to buyers, typically for purchasing in bulk or as part of a business agreement, not for quick payment. Discounts for quick payment are known as cash discounts or early payment discounts.

Trade Discounts Represent a Discount Offered to the Purchasers for Quick