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Dane Geoffrey sells pollution masks. He asks a prospect," Did you know that five out of ten people die of lung cancer each year?" Identify the approach used by Dane.
Covenants Restricting
Clauses in loan agreements that impose limits on the actions of the borrower to protect the interests of the lender.
Dividend Payments
Distributions of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders.
Principal and Interest
The two components of a loan payment; principal is the original amount borrowed, and interest is the charge for borrowing the principal.
Renegotiate Covenants
The act of revising the terms of a loan or bond agreement, often to relax or tighten restrictions on the borrower.
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