What Skill(s) Does a Salesperson Need to Have So as to Be

question 103

Multiple Choice

What skill(s) does a salesperson need to have so as to be able to understand their customers' needs?

• A)be an expert in their field
• B)be able to explain all the features of a product
• C)be able to ask probing questions
• D)be able to project confidence
• E)understand customers wants

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Definitions:

Partnership Interest

An ownership share in a partnership that represents a partner's stake in the profits, losses, and assets of the partnership.

Like-kind Exchange

A tax deferment strategy allowing for the exchange of similar types of properties without the immediate tax implications of selling the property.

IRC Section 121

A provision in the Internal Revenue Code that allows for the exclusion of up to $250,000 ($500,000 for married couples filing jointly) of capital gains from the sale of a primary residence.

Principal Residence

The primary location that a person inhabits. It often qualifies for specific tax benefits, such as the exclusion of gain from its sale.