Credit Risk Is the Risk That

question 86

Multiple Choice

Credit risk is the risk that

• A) an instrument's price or value will change.
• B) the company itself will not be able to fulfill its obligation.
• C) one of the parties to the contract will fail to fulfill its obligation and cause the other party loss.
• D) cash flow will change over time.

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Definitions:

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The final step in the sales process where the salesperson secures agreement from the customer to proceed with the purchase.

Benefit Questions

Questions asked by a salesperson to prompt potential buyers to think about how a product or service could specifically benefit them.

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In sales, the final step of the process where the salesperson secures agreement from the customer to proceed with the purchase.

Salesperson

An individual who sells products or services, often directly interacting with customers to facilitate sales.