If a Customer Agrees to Retain Merchandise That Is Defective

question 19

Multiple Choice

If a customer agrees to retain merchandise that is defective because the seller is willing to reduce the selling price this transaction is known as a sales

• A) discount.
• B) return.
• C) contra asset.
• D) allowance.

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Definitions:

Intentional Torts

Deliberate acts committed by individuals or entities that cause harm or damage to others, leading to civil liability.

Scope Of Employment

Scope of Employment encompasses the range of activities and duties an employee is authorized to perform as part of their job and for which an employer is responsible.

Respondeat Superior

A legal doctrine holding an employer or principal legally responsible for the wrongful acts of an employee or agent, if such acts occur within the scope of employment or agency.

Respondeat Superior

A legal doctrine that holds an employer or principal legally responsible for the wrongful acts of an employee or agent, performed within the scope of employment or agency.