A Partial Refund of the Price of a Product Is

question 20

Multiple Choice

A partial refund of the price of a product is called a

• A) Coupon
• B) Open dating
• C) Rebate
• D) Unit pricing
• E) Warranty

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Definitions:

Express Agreement

A contract or agreement in which the terms are explicitly stated and agreed upon by all parties involved.

Illegal

Activities or actions that are prohibited by law and subject to penalties.

Offer

A proposal by one party to enter into a legally binding agreement with another party.

Unilateral Contract

A contract in which only one party promises to perform without requiring a reciprocal promise to act from the other party.