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When a seller allows a buyer an amount for old equipment traded in for new equipment having a similar use, this amount is called boot. the trade-in allowance. commercial substance. None of these choices are correct.

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Answer: the trade in allowance

Step-by-step explanation:

Trade alliances is an offer made by marketers to the distribution line channels like the wholesalers, retailers etc over a specific period of time particular in order to boost sales and encourage reduction in retail price.

When a seller allows a buyer an amount for old equipment traded in for new equipment having a similar use, this amount is referred to as the trade in allowance.

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