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

---

Definitions:

Stare Decisis

A common law doctrine under which judges are obligated to follow the precedents established in prior decisions within their jurisdictions.

Precedents

Past legal decisions that serve as a guide for courts in making future determinations on similar issues or cases.

Stare Decisis

A legal doctrine that requires courts to follow the principles established in previous judicial decisions unless they are demonstrably erroneous.

Stare Decisis

A legal principle ensuring that judges are bound to follow precedents set by previous decisions in similar cases.