Express authority consists of the agent's:
a. inability to conduct business for the principal
b. ability to mingle his funds with those of the principal
c. ability to withhold services in the event of nonpayment by the principal d. ability to hold power of attorney for the principal
e. none of the other choices
e
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Psychologists point out that an individual's needs may be hierarchical; that is, once one set of needs is met, people seek to satisfy the next set of needs in the hierarchy. Name each of the five levels in the hierarchy in order and give an example of each.
What will be an ideal response?
Persuading customers to buy a higher-priced item than they originally intended to buy is referred to as:
A. suggestion selling B. trading up C. conversion selling D. relationship marketing E. interactive selling
Commercial leases in existence before the property is constructed: A) Are valid leases
B) Are void. C) Are voidable. D) None of the above
What is the difference between trade sales promotions and consumer sales promotions?
What will be an ideal response?