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: 4.8 (55 reviews)

Question

Quizplus · Accepted Answer

Trade discounts are reductions in the list price offered by sellers to buyers, typically for purchasing in bulk or to encourage sales, not specifically for quick payment. Discounts for quick payment are usually referred to as cash discounts or early payment discounts.

Trade Discounts Represent a Discount Offered to the Purchasers for Quick