Which of the Following Is True of a Prospecting Letter

question 34

Multiple Choice

Which of the following is true of a prospecting letter?

• A)After sending the letter,one must call the employer and demonstrate assertiveness by demanding an interview.
• B)One or two specific details about one's prospective employer are usually enough to demonstrate one's knowledge.
• C)Unsupported claims will help one sound confident and increase one's reader's curiosity.
• D)Since the employer is planning to hire,one must wait to be contacted by the prospective employer.

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Definitions:

Compensating Balance

A minimum account balance that a borrower is required to maintain with a lender as a condition for a loan, intended to compensate the bank for providing the loan or credit line.

Effective Interest Rate

The actual return on an investment or the actual cost of a loan, taking into account the compounding of interest over time, as opposed to the nominal interest rate.

Short-Term Bank Loan

A loan obtained from a bank that has a short repayment period, typically less than one year.

Best Course of Action

The most suitable or advantageous strategy or decision to take in a given situation.