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Vitek1552 [10]
3 years ago
5

Kristy visited a car showroom as she wanted to buy a new car. While she was looking at a new range of compact luxury sport sedan

s on display, Edward, the salesperson, asked Kristy, "Which one do you like, the red one or the black?" "Black," she replied. "Great, I will write it up!" responded Edward. Kristy was upset as she felt that she was being tricked into making a commitment. Which of the following traditional closing methods was used by Edward in this scenario?
A. The standing-room-only close
B. The benefit-in-reserve close
C. The minor-point close
D. The assumptive close
E. The emotional close
Business
1 answer:
adell [148]3 years ago
3 0

Answer:

Option C.

Explanation:

In terms of making sales, Closing is a term that is used to refer to the moment when a customer decides to make the purchase.

There are numerous closing techniques, and the minor-point close is one of the techniques.

The minor-point close is the technique whereby the salesperson tries to intentionally gain the agreement of the customer or prospect on a minor point, and then uses it to assume that the sale is closed.

This technique is exemplified in the scenario presented above. Edward has concluded that Kristy wants to buy the black car, just because she has agreed that she liked it.

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As part of its hiring process, TE Electronics requires new employees to sign an agreement that requires arbitration in the event
aev [14]

Answer:

Option C: The EEOC is not a party to the mandatory arbitration agreement, so it can investigate the claim and can even pursue specific relief for Jack including back pay, reinstatement and damages

Explanation:

The Civil Rights Act of 1964 clearly state and prohibits: discrimination relating to employment, education, and public accommodations. In filling of a charge of discrimination with the EEOC, For the charging party's rights be secured, a written charge must be filed with the EEOC within 180 days of the alleged violation.

Equal Employment Opportunity Commission (EEOC) that handles the responsibility of enforcing federal laws that is it make it illegal to discriminate against a job applicant or employee due to race/color, equal, e. t. c.

3 0
3 years ago
Define the credit period
-BARSIC- [3]

Answer:

The credit period is the number of days that a customer is allowed to wait before paying an invoice

Explanation:

This indicates the amount of working capital that a business is willing to invest in its accounts to generate sales

8 0
3 years ago
(Last word) which market structure best characterizes the various internet markets?
Bess [88]
The answer to the given question above is option A. Differentiated oligopoly is the market structure that best describes different internet markets. When we say differentiated oligopoly, this is when different markets produce the same product but make a slight difference in order to differ their prices. Hope this helps.
6 0
3 years ago
C-Stop reports the following information at year-end: Estimated Book Value Cash Flows Fair Value Building $ 500,000 $ 380,000 $
forsale [732]

Answer:

total amount of impairment loss: $139,,000

Explanation:

Given that:

                     Book value           Estimated cash flow       Fair value

Building       $ 500,000                $ 380,000                    $ 360,000

Patent         $ 35,000                   $ 40,000                       $ 38,000

Copyright    $ 40,000                  $ 38,000                       $ 39,000

Machine       $ 100,000                $ 120,000                     $ 85,000

The impairment loss happens when C-Stop corporation cash flow is less than it's book value.

As we can see that the estimated cash flow of copyright and building are less than the book value, so total amount of impairment loss:

($ 500,000   -  $ 360,000   ) - ($ 40,000-  $ 39,000  )

= $ 140,000 - $1,000

= $139,000

Hope it will find you well.

8 0
3 years ago
Journalizing and posting an adjusting entry for office supplies
belka [17]

Answer:

Office Supplies T-account

<u>Debit :</u>

Beginning Balance                  $600

Purchases                              $2,300

Totals                                     $2,900

<u>Credit:</u>

Ending Balance                        $500

Used (<em>Balancing Figure</em>)       $2,400

Totals                                     $2,900

Adjusting Entry

Supplies Expenses $2,400 (debit)

Office Supplies $2,400 (credit)

Posting Entries.

1. Supplies Expense = $2,400 (Debit Balance)

2.Office Supplies = $500 (Debit Balance)

Explanation:

As the supplies are used during the period, recognize an expense : Supplies Expense and de-recognize the Office Supplies Asset account to the extend of the amount of inventory used during the period.

In other words we are taking out an expense (Increasing it) and decreasing an asset : Office Supplies.

5 0
3 years ago
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