When a Manufacturer Offers a ________, a Customer Buys a Product

question 74

Multiple Choice

When a manufacturer offers a ________, a customer buys a product from a manufacturer's dealer within a specified time period, and the manufacturer then sends the customer a check.

• A) cash rebate
• B) quantity discount
• C) promotional allowance
• D) flash sale
• E) functional discount

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Definitions:

Cumulative Dividends

Dividends that are owed to preferred shareholders of a company and must be paid out before dividends can be distributed to common shareholders.

Voting Power

Voting power refers to the number of votes a shareholder has in a company's decisions, typically based on the number of shares held.

Marginal Tax Bracket

The rate at which the last dollar of a taxpayer's income is taxed, indicating the tax rate applied to their highest portion of income.