All the statements below are true about discounts, EXCEPT $?$

Cash Discounts are normally granted by a seller to a buyer with the purpose of securing the prompt payment of an account.

Trade Discounts are normally granted by a manufacturer to distributors or users with the purpose of protecting the manufacturing margin and encourage customers to buy directly from the manufacturer.

Quantity discounts are normally granted by the seller when the buyer purchases a particular quantity, with the purpose of optimizing operation costs for the seller, which can In turn lower prices to the buyer.

Multiple discounts are customary in some industries, where trade prices are quoted on a multiple discount basis.