As Presented in the Textbook, Both the Sales and Marketing

question 63

Multiple Choice

As presented in the textbook, both the Sales and Marketing Executives International (SMEI) and Canadian Professional Sales Association (CPSA) publish a professional salesperson's code of ethics. Which statement best characterizes a salesperson's motivation for adhering to these codes?

• A) Failure to adhere to the code of ethics results in sanctions against the member and a significant financial penalty.
• B) Failure to adhere to the code of ethics results in legal action being taken against the member.
• C) Failure to adhere to the code of ethics results in losing membership in the organization and the right to use the respective sales professional designation.
• D) Failure to adhere to the code of ethics results in lost sales due to lack of trust and loss of reputation.

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Definitions:

Married Filing Separately

A tax filing status for married couples who choose to record their respective incomes, exemptions, and deductions on separate tax returns.

American Opportunity Tax

A credit that helps with the first four years of post-secondary education expenses, offering benefits for tuition, books, and other supplies.

Eligible Student

A student who meets certain criteria, often related to enrollment status and academic progress, to qualify for financial aid or tax benefits.

Child Tax Credit

A tax credit available to taxpayers for each qualifying child, reducing the taxpayer's tax liability on a dollar-for-dollar basis.