A Closing Clue Can Be Described as A(n)

question 71

Multiple Choice

A closing clue can be described as a(n) :

• A)the customer has mentally agreed upon the price.
• B)indication that the customer is undecided about the buying decision.
• C)indication that the prospect fully understands the merits of your product.
• D)indication you should speed up the sales presentation.
• E)verbal or nonverbal form of feedback from the customer.

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Definitions:

Truth-In-Lending Act

A U.S. federal law designed to protect consumers in their dealings with lenders and creditors by requiring clear disclosure of loan terms and costs.

Adjustable Rate Mortgages

A type of mortgage loan where the interest rate can change over time based on market conditions.

Truth-In-Lending Act

A federal law designed to promote informed use of consumer credit by requiring disclosures about its terms and cost.

Finance Charges

The cost associated with borrowing money, including interest and other fees, charged by lenders to borrowers.