Tax-haven subsidiaries categorically referred to as International Offshore Financial Centers, have the following characteristics EXCEPT ________
A) A low tax on foreign investment or sales income earned by resident corporations and a low dividend withholding tax on dividends paid to the parent firm.
B) A stable currency to permit easy conversion of funds into and out of the local currency. This requirement can be met by permitting and facilitating the use of Eurocurrencies.
C) A stable government that encourages the establishment of foreign-owned financial and service facilities within its borders.
D) All of the above are tax-haven subsidiary characteristics.
D
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Which of the following is recommended when using suggestion selling?
A) Don't waste time suggesting low-profit items. B) Don't hesitate to make suggestions before closing the sale. C) Don't make suggestions until you have first satisfied the customer's primary need. D) Show the suggested item only if the customer seems interested and profit margins are high. E) Suggestion selling should be used to generate half again as much revenue as the primary product does.
An example of an effective I-statement is, "I think you are responsible."
Indicate whether the statement is true or false.