Sears reduces prices on gas grills between November and February, prior to spring and summer. This price reduction is a:
A) Trade discount.
B) Seasonal discount.
C) Noncumulative quantity discount.
D) Cumulative quantity discount.
E) Cash discount.

Question

Quizplus · Accepted Answer

Sears reduces prices on gas grills specifically before the spring and summer season, which indicates a seasonal discount. Trade discounts are discounts given to resellers, noncumulative quantity discounts are given on a singular purchase, cumulative quantity discounts are given on multiple purchases, and cash discounts are offered for prompt payment.

Sears Reduces Prices on Gas Grills Between November and February