A Vendor Is LEAST Likely to Make a Sale If

question 7

Multiple Choice

A vendor is LEAST likely to make a sale if the buyer has not bought from the vendor before and is doing

• A)a straight rebuy.
• B)selective buying.
• C)new-task buying.
• D)selective task buying.
• E)a modified rebuy.

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Definitions:

S Corporation

A special designation for a corporation that elects to be taxed as a pass-through entity, avoiding double taxation on the corporate income.

Franchisee

The seller of goods or services under a trade name or trademark in a franchise.

Shareholders

Individuals or entities that own shares in a corporation, giving them ownership interests and usually voting rights in the company.

Limited Liability Partnership Law

Legal provisions governing a partnership in which some or all partners have limited liabilities, protecting personal assets from the debts and liabilities of the business.