A Promotional Tool Often Used with Consumers That Consists of Merchandise

question 181

Multiple Choice

A promotional tool often used with consumers that consists of merchandise offered free or at a significant savings over its retail price is referred to as a

• A) deal.
• B) rebate.
• C) sample.
• D) premium.
• E) coupon.

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Definitions:

Complete Performance

The full and exact fulfillment of all terms and conditions as outlined in a contract or agreement.

Unconditional Offer

An offer made by one party to another that requires no additional conditions or stipulations to be met for acceptance.

Tender

An unconditional offer to perform an obligation by a person who is ready, willing, and able to do so.

Tendered

Offered formally or presented for acceptance, like a payment or a resignation.