If Perkinston's Pet Store, a Retailer of Tropical Fish and Supplies

Multiple Choice

If Perkinston's Pet Store, a retailer of tropical fish and supplies, buys one 200-gallon fish tank from La Mer Aquarium Products, it will be billed $329. If it buys more than six during the upcoming year, it will get a 20 percent discount on each aquarium. This savings is referred to as a:

A) cumulative quantity discount.
B) promotional allowance.
C) trade discount.
D) functional discount.
E) cash discount.