Suppliers offer resellers a ________ to encourage them to pay for goods immediately.

Question

Quizplus · Accepted Answer

Payment discount is a discount offered by the supplier to the reseller, encouraging them to make the payment for goods immediately rather than waiting for the agreed upon payment date. Therefore, option B is the correct choice. Allowance refers to a reduction in price due to a specific reason or circumstance, while quantity or volume discount is offered to the reseller for purchasing in bulk, and trade or functional discount is a reduction in price offered by suppliers to channel members for performing certain functions.

Suppliers Offer Resellers a ________ to Encourage Them to Pay