It Is a Mistake to Counter to an Offer That

question 10

Multiple Choice

It is a mistake to counter to an offer that is not supported; because,

• A) you may be negotiating with yourself or against yourself.
• B) it may not have been an offer at all, but just thinking aloud.
• C) it is just better practice to be tough and ask for support.
• D) None of the above.

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Definitions:

Common Stock

Shares of ownership in a corporation, granting holders voting rights and a portion of profits in the form of dividends.

Balance Sheet

A financial statement that displays a company's assets, liabilities, and shareholders’ equity at a specific moment, showing the company's financial position.

Wages Payable

The total amount of wages that a company owes to its employees for work that has been completed but not yet paid for.

Common Stock

Common stock represents units of ownership interest or equity in a corporation and usually comes with voting rights to elect the board of directors.