What Is the Main Disadvantage of Using Written Sales Proposals

question 69

Multiple Choice

What is the main disadvantage of using written sales proposals?

• A) There is little or no opportunity for interactivity between the seller and buyer.
• B) Written sales proposals limit the flexibility of the salesperson to offer added value as part of the negotiation process.
• C) It takes time to create good written sales proposals.
• D) Written sales proposals can be difficult to produce on short notice.

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Definitions:

Mutual Mistake

A legal concept where both parties involved in a contract have a misunderstanding about an essential fact of the agreement, potentially making the contract voidable.

Fair Market Value

The price at which an asset would exchange hands between a willing buyer and seller, each having reasonable knowledge of the relevant facts, and neither being under compulsion to transact.

Breach of Contract

Occurs when one party fails to fulfill their obligations under a contract, allowing the other party to seek legal remedies.

Unilateral Mistake

A situation in contract law where only one party is mistaken about a basic assumption on which a contract is made, which can impact the enforceability of the contract.