At the End of Her Sales Presentation,the Salesperson Asks,"Do You

question 296

Multiple Choice

At the end of her sales presentation,the salesperson asks,"Do you want to make monthly payments of $75 with a 10 percent down payment or would you prefer to write a check for the full amount today?" She has just made a(n)

• A)assumptive close.
• B)consultative close.
• C)proactive close.
• D)urgency close.
• E)adaptive close.

---

Definitions:

Liquidating Partnership

The process of dissolving a partnership by selling off assets, paying liabilities, and distributing the remaining assets to the partners.

Final Settlement

The concluding financial transaction that resolves all outstanding obligations of a contract.

Profit and Loss Sharing

An agreement between business partners to distribute the profits and losses of a business in proportion to their ownership stakes or agreed-upon percentages.

Liquidation Expenses

Liquidation expenses are the costs associated with selling or disposing of a company's assets during the cessation of operations, often part of winding down a business.