For what reason do most sellers require customers to have their receipts in order to exchange or return purchased items?
A)The receipt contains coded information which the seller needs to prepare and analyze the trial balance
B)Sellers wish to ensure that the sale in question was rung up on the register in the first place
C)This is a legal requirement mandated by a federal law
D)The receipt is serving as a promissory note
E)To create an environment in which customer's do not want to return items.

Question

Quizplus · Accepted Answer

Sellers require customers to have their receipts in order to exchange or return purchased items primarily because they want to ensure that the sale in question was rung up on the register in the first place. This helps prevent fraudulent returns or exchanges, such as someone attempting to return or exchange an item they never actually purchased from the store.

For What Reason Do Most Sellers Require Customers to Have