When a Buyer Pays a Lower Price for Buying Multiple

question 105

Multiple Choice

When a buyer pays a lower price for buying multiple units or above a specified dollar amount for a single order,the buyer is receiving a _____ discount.

• A) promotional
• B) quantity
• C) frequent buyer
• D) functional
• E) cumulative

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Definitions:

Justinian Code

A collection of laws and legal interpretations developed under the sponsorship of the Byzantine emperor Justinian I.

Ancient Babylonia

An ancient civilization located in the region of Mesopotamia, known for its contributions to law, astronomy, and literature, among other fields.

English Common Law

A body of law developed in England that forms the basis for the legal system in English-speaking countries.

Partnership Capital

The total resources or assets contributed by partners to a partnership for starting or maintaining the business operations.