Doug Travels Around to Various Established Customers to See What

question 92

Multiple Choice

Doug travels around to various established customers to see what new office supplies they need. His customers have come to depend on him to check their supplies. Doug is a(n)

• A)field order taker.
• B)current customer order getter.
• C)missionary salesperson.
• D)inside order taker.
• E)trade salesperson.

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Definitions:

No-par Common Stock

No-par common stock is issued without a par value, and its value is determined by what investors are willing to pay for it, rather than being stated in the company's charter.

Cash Dividend

A payout to shareholders from a company's earnings in the form of cash.

Dividends in Arrears

This term refers to dividends on preferred shares that have been declared but not yet paid to shareholders.

Stockholder Group

A Stockholder Group consists of individuals or entities that own shares of stock in a company, giving them certain rights, such as voting on corporate matters.