Once a long-term contract with a supplier has been executed, it is much more difficult (and expensive) to switch suppliers

a. True
b. False
Indicate whether the statement is true or false


True

Business

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Which of the following refers to a closing technique used by salespeople?

A) asking customers for referrals B) developing solutions to customers' problems C) seeking out hidden objections D) reviewing points of agreement E) taking objections as opportunities to provide more information

Business

With a general line of credit, the bank:

A. does not charge a commitment fee. B. charges a commitment fee on the total amount. C. charges a commitment fee on the used balance. D. charges a commitment fee on the unused balance. E. charges the same total fees as it does with a revolving credit agreement.

Business

If a lender (creditor) wishes to claim a(n)_________they should chose a judicial foreclosure over a non-judicial foreclosure

Fill in the blank(s) with correct word

Business

Suppose a five-sided object is tossed and each side is equally likely to occur. What is the probability of any one side landing face down?

a. 0.20 b. 0.50 c. 1 d. 0

Business