A Trade-In Allowance Refers to

Multiple Choice

A trade-in allowance refers to

A) a noncash exchange of one product for another of equal or greater value.
B) a cash-back payment when a more expensive item is replaced with a less expensive item.
C) the return of money based on proof of purchase.
D) a cash payment to a retailer for extra in-store support or special featuring of the brand.
E) a price reduction given when a used product is part of the payment on a new product.