Question

Jamie purchased a new coffeemaker and received a form to fill out which she returned to the manufacturer along with proof of her purchase and two months later she received a $25 check in the mail. The check she received is an example of a(n) _____.

Answer 1

Jamie received a $25 check as a rebate, which is a common incentive used by companies to encourage purchases and provide a sense of assurance to consumers.

Step-by-step explanation:

The check Jamie received is an example of a rebate. A rebate is a partial refund to someone who has paid too much for tax, rent, or utility. It’s often used by manufacturers to encourage the purchase of products.

Manufacturers like the one in the case of Jamie’s coffeemaker send money-back guarantees or rebates after a customer makes a purchase and usually submits proof of purchase. The delay between purchasing the item and receiving the rebate incentivizes consumers to buy, but also helps manufacturers ensure that the product is less likely to be returned. This practice can be very effective in direct sales methods like mail-order catalogs or online shopping, where products are not physically available for inspection before purchase.