Direct marketing is the optimal promotion tool for building personal and long-lasting relationships with customers

Indicate whether the statement is true or false

TRUE

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A client invests $100,000 in a tax shelter as a limited partner, giving him a 10% interest in the program. However, the general partners cannot meet the program's expenses. A mortgage balance remains of $3 million, and the property of the program is liquidated for $1 million. How much does the investor get back from his original investment?

A) 0 B) 10000 C) 100000 D) 33000

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Professional golfers must earn a right to compete on the PGA Tour annually. How do professional golfers qualify for the PGA Tour?

A. After a golfer finishes in the top 25 in the qualifying tournament known as Q-School, he moves up to the developmental Web.com Tour. B. The best players move up through the ranks on the Web.com Tour. C. Players who make the cut move straight from the Web.com Tour to the PGA Tour. D. Veteran players can maintain their qualifications based on their prior year's performance on the PGA Tour. E. All of the above are steps that enable a golfer to qualify for the PGA Tour in any given year.

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