Carlos Generally Makes Cold Calls on Businesses to Look for New

question 110

Multiple Choice

Carlos generally makes cold calls on businesses to look for new prospects.He has many satisfied customers,but like many salespeople,he does not frequently utilize one of the best ways to find new prospects,which is through

• A) telephone directories.
• B) customer referrals.
• C) trade shows.
• D) local restaurants.
• E) other employees.

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Definitions:

HDC (Holder in Due Course)

A holder in due course is a party who has acquired a negotiable instrument in good faith and for value, and thus has certain rights above the original issuer or transferee.

Promise

A declaration or assurance that one will do a particular thing or that guarantees a particular outcome.

Promisor

An individual or entity that makes a promise or commitment to perform a specified act or duty in a contract.

Holder in Due Course

This is a legal term for an individual or entity that has acquired a negotiable instrument in good faith and for value, thus having certain protections against defenses and claims in disputes over its payment.