"Do You Know That You Could Save Almost $100 If

question 38

Multiple Choice

"Do you know that you could save almost $100 if you purchase your airplane tickets through Global Vision Travel Agency?" asked the travel agent to the young couple planning their honeymoon trip to Europe.What kind of an approach was the travel agent using?

• A) Product
• B) Customer benefit
• C) Premium
• D) Demonstration
• E) Complimentary

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Definitions:

Transferor

An individual or entity that transfers rights or property to another, typically as part of a sale or agreement.

Negotiable Instrument

A paper that promises to pay a certain sum of money, which can be demanded at any time or paid at an agreed moment, and identifies the individual responsible for the payment.

Presentment

The act of making a demand for the drawee to pay.

Dishonored

refers to a financial instrument, like a check, being refused by the bank upon presentation for payment due to insufficient funds or other reasons.