Too Often in Sales We Want to Rush the Process

question 61

True/False

Too often in sales we want to rush the process and trade an initial good feeling for a genuine buying signal.

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Definitions:

Warrants

Warrants are legal documents issued by a governmental authority allowing law enforcement to carry out certain actions such as searches or arrests.

Section 16(b)

A provision under the Securities Exchange Act of 1934 that seeks to prevent insider trading by requiring profits gained from short-swing transactions by corporate insiders to be returned to the corporation.

Short-Swing Profits

Profits made from the sale of company stock within any six-month period by a statutory insider.

Securities Trading

The buying and selling of securities such as stocks, bonds, and options, typically conducted through exchanges or over-the-counter markets.