Jamie Works for a Local Bank

question 17

Multiple Choice

Jamie works for a local bank.Whenever a new customer opens a checking account,Jamie makes sure to mention some of the other financial services the bank offers.Jamie is engaged in:

• A)cross-selling.
• B)team selling.
• C)transaction selling.
• D)virtual selling.

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Definitions:

Code Classifications

Systems or methods for organizing laws, regulations, or standards into categories for easier reference and application.

Catchall Category

A broad classification used to group items or concepts that do not fit neatly into other categories.

Instruments

Formal legal or financial documents that represent some monetary value or agreement, including notes, bonds, contracts, and deeds.

Commodity Contracts

Legal agreements to buy or sell a particular commodity at a predetermined price at a specified time in the future.