buyback rule
Definition
In network marketing, policy of most firms to accept returned merchandise from their independent representatives at a specified price (usually 90 percent of the original price). This rule is applicable for a specified period (usually 45 days) after the sale, provided the returned goods are in resalable condition. It aims to protect buyers from their over optimism, and to discourage front-loading by the firm.
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buyback rule is in the Decision Making, Problem Solving, & Strategy and Entrepreneurship, Management, & Leadership subjects.
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