A reduction from the list price that a seller gives a buyer as a reward for some activity of the buyer that is favorable to the seller is called
A) the pretax price.
B) the list price.
C) the manufacturer's suggested retail price (MSRP).
D) a discount.
E) a trade-in allowance.

Question

Quizplus · Accepted Answer

A discount is a reduction from the list price given by a seller to a buyer as a reward for some activity that benefits the seller, such as purchasing in bulk or paying early.

A Reduction from the List Price That a Seller Gives