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Match each retail term with the correct definition.

  • Question 3a of 10 - Store policies

  • Maximum Attempts: 1
  • Question Type: Multiple Choice
  • Maximum Score: 2
  • Question: Match each retail term with the correct definition.
  • Answers:
  1. Brand name. Particular company associated with a product
  2. Warranty. A guarantee of return or service
  3. Restocking fee. Money charged for a returned item
  4. Commission. Pay earned by salespeople for making sales

The correct answer is: Brand name: Particular company associated with a product; Warranty: A guarantee of return or service; Restocking fee: Money charged for a returned item; Commission: Pay earned by salespeople for making sales.

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