Question

The term ________ refers to a practice whereby a salesperson initially accepts a customer's offer, but then claims an error and quotes the customer a higher price.

Answer 1

Low-balling

Step-by-step explanation:

• It s a persuasion and a selling technique and is offered by the buyer for a good or service that has low rates and hoping that the seller will least give counter off a prove lower than the original price.

• While the sellers might be looking for a high along for the profit maximization. For the tax players, the low balling is tax evasion method and a filter misrepresents the amount of the taxable income or return.