Community Bank Receives a Check Drawn by Dennis

question 67

Multiple Choice

Community Bank receives a check drawn by Dennis. The check lacks a proper indorsement. Payment can be postponed without dishonor​

• A) ​indefinitely.
• B) ​under no circumstances.
• C) ​for thirty days.
• D) ​until the proper indorsement is obtained.

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Definitions:

Cross-selling

A sales technique used to sell additional products or services to an existing customer, often complementing their original purchase.

Adaptive Selling

A sales technique where the approach is tailored to the needs, wants, or interests of the customer, using feedback and interaction cues.

Formula Selling

A predefined sales technique or approach that follows a specific sequence or set of principles.

Upselling

A sales technique where the seller encourages the customer to purchase a higher-end product, an upgrade, or an additional item to make a more profitable sale.