Which of the following statements about rebates is True?
A) Rebates are refunds paid to consumers after a purchase.
B) Rebates ensure that the final consumer gets a producer's price reduction.
C) Many consumers purchase a product because a rebate is offered but then never request the refund.
D) Many consumers think that some sellers make it an unnecessary hassle to claim a rebate.
E) All of the above.

Question

Quizplus · Accepted Answer

- A is true because rebates are a form of refund paid to consumers after making a purchase.
- B is true because rebates are often provided by producers to encourage consumers to buy their products by reducing its price.
- C is true because some consumers may forget or simply choose not to submit a rebate request after purchasing a product, thereby missing out on the refund.
- D is true because some consumers may find that the process of claiming a rebate is confusing or inconvenient, which can deter them from making future purchases with that seller. Therefore, all of the above statements are true.

Which of the Following Statements About Rebates Is True