The practice of not putting all of your eggs in one basket is an illustration of ________
A) variance
B) diversification
C) portion control
D) expected return
Answer: B
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Which of the following incorrectly states the role of banks in import/export transactions involving a letter of credit (L/C)?
A) The exporter's bank is the advising and/or confirming bank. B) The importer's bank is the advising and/or confirming bank. C) The importer's bank is the advising, confirming, and issuing bank. D) The exporter's bank is the advising, confirming, and issuing bank. E) The importer's bank is neither advising nor confirming bank.
Selective presentation can be used to lead the other party to form the desired impression of your resistance point or to open up new possibilities for agreement that are more favorable to the presenter than those that currently exist.
Answer the following statement true (T) or false (F)
Jargon and technical terms must always be used to make a presentation effective
Indicate whether the statement is true or false
The terms lump-sum contract and turnkey contract are interchangeable
Indicate whether the statement is true or false