<u>Answer:</u>
Black markets are markets that are not under the administration's control. Items sold in an underground market are regularly unlawful; for example, counterfeit DVDs, counterfeit brand items, and illicit medications. Bootleg trades frequently are eased by a lack of a product.
A price ceiling is utilized to constrain the cost of an item to profit customers when the harmony cost of an object is excessively high. The result is a deficiency of a topic, and the lack regularly causes black markets.
Third-party check. check negotiated through a bank, except one payable to the writer of the check, that is, a check written for cash. The primary party to a transaction is the bank on which a check is drawn. The secondary party is the drawer of the check against funds on deposit in the bank.
Answer:
Find the explanation below.
Explanation:
Personal selling is face-to-face selling whereby a person sells a product to another one-on-one. I have to approach a potential customer and explain the benefits of the product. If convinced, the customer buys from me.
I have the potential to become a successful salesperson because I have excellent communication skills and a warm approach while relating with people. Customers will buy from people who are relatable, friendly, and can easily convince them. I have these abilities, therefore I believe that I can be successful in sales.