The Process of Locating Potential Customers for a Good or Service

question 97

Multiple Choice

The process of locating potential customers for a good or service is called:

• A)adapting
• B)investigating
• C)prospecting
• D)anticipating
• E)inquiring

---

Definitions:

Chapter 7 Bankruptcy

Chapter 7 Bankruptcy is a legal process that allows individuals or businesses to discharge their debts by liquidating assets, providing a fresh start to the debtor.

Creditors

Individuals or entities to whom money is owed by a debtor.

The Trustee

An individual or organization appointed to administer the assets of a trust for the benefit of the beneficiaries according to the terms of the trust document.

Automatic Stay

A provision in bankruptcy law that temporarily stops lawsuits, foreclosures, garnishments, and all collection activity against the Debtor the moment a bankruptcy petition is filed.