Product Knowledge Has Been Ranked the Number One Characteristic of Salespeople

question 59

True/False

Product knowledge has been ranked the number one characteristic of salespeople who are able to build trust.

---

Definitions:

Forced Liquidation

The rapid sale of assets by a borrower who must sell these assets because of financial distress and cannot meet an obligation with cash flow.

Measurement Date

The specific point in time at which the value of an asset or liability is determined for accounting purposes, often used in reference to financial instruments or employee stock options.

Highest Use

An appraisal concept referring to the most probable use of a property or asset that is legally permissible, physically possible, financially feasible, and maximally productive.