If you are a salesperson working with a buyer, then the buyer is your client:

a. if you are servicing the buyer
b. if the buyer has shared financial information with you
c. if you have an agency contract with the buyer
d. none of the above

Answer: c. if you have an agency contract with the buyer

Business

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Surplus of a corporation means

A. Net assets in excess of stated capital. B. Liquid assets in excess of current needs. C. Total assets in excess of total liabilities. D. Contributed capital.

Business

Which of the following best describes off invoice allowance?

A) offering channel members a long period of time before payment is due B) offering channel members below-market interest rates C) offering channel members a discount on orders for a fixed period of time D) offering money to help the channel members sell its products

Business