All of the following can help change caution signals into acceptance signals EXCEPT:
A. changing the planned presentation.
B. continuing with the presentation.
C. asking open-ended questions.
D. carefully listening to the buyer's message.
E. being positive and enthusiastic.
Answer: B
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Of the six broad categories of ADR systems, ________ ADR systems are those in which the third party makes a binding decision that the negotiating parties must live with.
Fill in the blank(s) with the appropriate word(s).
Andy's business is not able to pay its debts, and the prospects for its finances to improve are slim. Andy decides not to continue the business. In this case, Andy should file a voluntary petition for which type of bankruptcy?
a. Chapter 7. b. Chapter 11. c. Chapter 13. d. Chapter 12.
Alumbat Corporation has $800,000 in debt outstanding, and pays an interest rate of 10 percent annually on its bank loan. Alumbat's annual sales are $3,200,000, its average tax rate is 40 percent, and its net profit margin on sales is 6 percent. If the company does not maintain a TIE ratio of at least 4 times, its bank will refuse to renew its loan, and bankruptcy will result. Alumbat's currenttimes interest earnedratio is:
A. ?2.4. B. ?3.4. C. ?3.6. D. ?4.0. E. ?5.0.
If a loan is cosigned and the borrower defaults, the lender has the right to sue the cosigner or try to seize the cosigner's assets just as if that person were the borrower
Indicate whether the statement is true or false.