Question

Margaret Wilson has a piece of paper that she can mail in to the manufacturer of the product she just purchased that allows her to get part of her purchase price back. What is she most likely using?

Answer 1

Answer:

The correct answer is a Rebate.

Explanation:

A rebate is essentialy a partial refund that is given to someone who has paid more for certain product. Maybe the person paid to much rent, utility or tax.

There are several types of rebates:

There are inmediate rebates that the person gets as soon as the purchase is made.

There are Online cash rebates and Mail-in-cash rebates in which the person will receive a check or credit card for the amount of the rebate via mail.

In this particular case, Margaret Wilson has a piece of paper that she can mail in to the manufacturer of the product she just purchased that allows her to get part of her purchase price back. She is most likely using a Rebate.