menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Personal Financial Planning Study Set 6
  4. Exam
    Exam 5: Making Automobile and Housing Decisions
  5. Question
    Lowballing Is a Sales Technique Where the Salesperson Quotes a Low
Solved

Lowballing Is a Sales Technique Where the Salesperson Quotes a Low

Question 42

Question 42

True/False

Lowballing is a sales technique where the salesperson quotes a low price for a car to get you to make an offer and then negotiates the price upward prior to you signing the sales contract.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q37: The seller of a house typically pays

Q38: Dick and Jane have just purchased a

Q39: A(n) _ is provided to both buyer

Q40: Fees charged by lenders at the time

Q41: In a co-op, the buyer receives title

Q43: A(n) _  ratio specifies the maximum percentage

Q44: The listing of properties in a local

Q45: INSTRUCTIONS: Choose the word or phrase in

Q46: Depreciation is not an important consideration since

Q47: Fixed automobile costs increase as the number

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines