A prospect says, "I don't like your color choices." The salesperson responds, "Before you decide to buy, let me tell you about our credit plan." This salesperson is using a boomerang technique.
Answer the following statement true (T) or false (F)
False
The boomerang method converts an objection into a benefit. The salesperson in this scenario is using the dodge method.
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Which of the following allows? after-hours trading and protects? traders' anonymity?
A) National Association of Securities Dealers Automated Quotation (NASDAQ) B) New York Stock Exchange (NYSE) C) Electronic Communication Networks (ECNs) D) Standard & Poor's 500 E) Mutual funds
The length of time needed for a long-term project to recapture its initial investment amount is called the:
A) discount period. B) internal rate of return. C) present value. D) payback period.
Chico Company paid $550,000 for a basket purchase that included office furniture, a building and land. An appraiser provided the following estimates of the market values of the assets if they had been purchased separately: Office furniture, $135,000; Building, $450,000, and Land, $105,000. Based on this information, what is the cost that should be allocated to the office furniture? (Round your intermediate percentages to four decimal places: ie .054231 = 5.42%.)
A. $135,000 B. $158,333 C. $107,635 D. $52,500
A "net listing agreement" pays the real estate agent an amount equal to the difference between the sale price and the amount promised the seller
Indicate whether the statement is true or false