23. All of the following actions by an agent may be considered misrepresentations Except O a. Illustrating the dividends on an insurance policy b. describing a policy as a share stock c. describing insurance coverage ambiguously d. overstating an insurance company's surplus #DI
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- 26 Which of the following is TRUE regarding the customer rights?* A. Ensure the transaction, service or products shariah approved activity B. Right to fulfilment of a valid contract C. The equity participant D. Right to fair treatmentWhich of the following business activities is legal but unethical? O a. Decreasing the price in a Ramadan discount offer and then increasing the price to the original after Ramadan O b. Finishing the sales target before target date c. Targeting fast food advertisements to children O d. Changing the expiry date of the products on the package and selling them as fresh productsAn engineer has developed a machine that turns coal into diamond. This should be protected by: a. Trademark b. None of these C. Trade secret d. Copyright
- 24. what is an example of controlled business a. Insurance contracts covering an agent's family members b. Insurance contract covering an agent's friends a neighbor c. noncontributory group insurance plans d. self-insured group insurance plans8- Identify the correct answer from the following who are benefitted from personal selling. a. Company, salesman, and buyers b. Buyers and salesman c. Company and salesman d. Salesman and DistributorsStatement 1: Unless it appears otherwise, business advertisements of things for sale are not definite offers, but mere invitations to make an offer.Statement 2; The advertiser is bound to accept the highest or lowest bidder, unless the contrary appears. a. Both statements are true b. Both statements are false C c. Only statement 1 is true d. Only statement 2 is true
- Across 2. Used by consumers for personal needs. 6. A measure of performance. 12. Is a social and economic order and ideology that encourages the acquisition of goods and services in ever-greater amounts. 13. Is a form of marketing communication used to persuade an audience. 15. An agreement in which the seller reserves an item for a consumer until the consumer completes all the payments necessary to pay for that item. 16. Purchases made by a consumer that do not require a payment made in full at the time of purchase. 17. Symbols used on merchandize 19. Is basically the amount of credit used by consumers to purchase non-investment goods or services that are consumed and whose value depreciates quickly. 21. This is needed for payment in foreign currency. 24 . Influence that encourages others to change their attitudes, values, or behaviours to conform to group norms. 26. A promise ot assurance, especially one in writing, that something is of specified qualiy, ocontent, benefit, etc., or…Lewins Change Management model explainedFraudulent misrepresentation requires Multiple Choice. choose correct option and explain and also explain incorrect option Note - I am not satisfy give downvote • Maliciousness and repugnant intent •Negligent disregard for the truth •Reckless disregard for the truth •Scienter
- Which of the following statements about tax-exempt entities is inaccurate? They are exempt from payroll taxes on employees and most other taxes They generally serve the public good without competing against for-profit entities They are exempt from Federal income tax They are covered in the IRC Section 501When a prospect objects because of customary reasons, a salesperson should: a. gain the prospect's trust by providing him or her with a thorough understanding of the salesperson, his or her company, and the products. b. use traditional commitment methods, such as standing-room-only close and assumptive close, to close the sale. c. adopt the direct commitment technique to overcome the sales objection. d. send refer the prospect to a more experienced salesperson. e. end the sales call gracefully. Which of the following is a traditional method of earning commitment? a. The boomerang method b. The third-party reinforcement method c. The assumptive close method d. The T-account commitment method e. The success story commitment method During a sales presentation, Jeff, a salesperson at ChemHands, presents a sequence of benefits of using ChemHands sanitizers. To assess the prospective buyer's level of…Which of the following statements, if made by a seller who knows the statement to be untruthful, would NOT be misrepresentation of a material fact resulting in a cause of action for fraud? a. "This horse is only six years old." b. "There is no better car in the world." c. "The tires have less than 5,000 miles on them." d. "This car gets 28 miles per gallon."