Potential Liabilities That Depend on Future Events Arising Out of Past

question 30

Multiple Choice

Potential liabilities that depend on future events arising out of past events are called:

• A)long-term liabilities.
• B)estimated liabilities.
• C)contingent liabilities.
• D)current liabilities.

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Definitions:

Technology Close

A sales technique where the closing of a deal is facilitated by demonstrating how a product's technology solves the customer's problem.

Benefit Summary

An overview focusing on the key advantages or positive impacts of a proposal, highlighting how it fulfills specific needs or solves problems.

Professional Salesperson

An individual who specializes in the sale of products or services, often possessing strong skills in communication, negotiation, and sales strategies.

Balanced Dialogue

Balanced dialogue refers to a conversation or communication where both parties actively listen and participate equally, promoting understanding and collaboration.