What is the purpose of money back purchases?

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The whole money back thing makes absolutely no sense. If you are going to sell something for $500, then say you will give $100 back after purchase, why not just make the product $400? Is it some sort of sleezy marketing scheme? ELI5. Please! Make this make sense.

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Anonymous 0 Comments

I’m pretty sure Rhode Island passed a law a few years back that requires any rebates be issued at point of purchase. It’d be great if more states, or all of them followed suit.

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