A rebate is:
A) a temporary discount from the price list.
B) a reduction in price to encourage buyers to pay their bills quickly.
C) a temporary price cut to attract customers.
D) a refund paid to consumers after a purchase.
E) a document detailing pricing changes.

Question

Quizplus · Accepted Answer

A rebate is a refund paid to consumers after a purchase, typically as a promotional offer. It is not a temporary discount, reduction in price for quick payment, temporary price cut, or a document detailing pricing changes.

A Rebate Is