Which among the following is the best example of a no-need objection?
A. "I have to think this over before I buy."
B. "I plan to wait until fall before I buy a new car."
C. "I am pleased with the performance of the car I have now."
D. "I want to buy from a more established car dealer."
E. "I can't afford a new car now."
Answer: C
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Which of the following statements is TRUE if a bond is issued for an amount higher than face value?
A) The bond's stated interest rate is less than the prevailing market interest rate at time of sale. B) The bond's stated interest rate is the same as the prevailing market interest rate at time of sale. C) The bond's stated interest rate is more than the prevailing market interest rate at time of sale. D) The bond is not secured by specific assets of the issuer.
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