What Should Be Done When a Voice Broker Calls "Off

question 27

Multiple Choice

What should be done when a voice broker calls "off" at the very instant the dealer hits the broker's price as "mine" or "yours"?

• A) The transaction should be concluded and the broker should inform both counterparties accordingly.
• B) The dealer who hits the broker's price may decide whether the deal is done or not; the broker should inform both counterparties accordingly.
• C) The deal should not be concluded and the broker should inform both counterparties accordingly.
• D) The broker should immediately inform both counterparties that the deal will have to berenegotiated.

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Definitions:

Communication Tasks

Specific activities or assignments that involve the exchange of information between individuals or groups.

Crisis

A significant event or period of uncertainty and difficulty, often requiring urgent response and management.

Whole Story

A comprehensive account or detailed narrative of an event or series of events, covering all relevant aspects and perspectives.

Media Representatives

Individuals or agencies that act as intermediaries between companies or individuals wishing to advertise and the media outlets.