ATV Quiz

Mr. Smith calls you a month after their deal has booked to say, “One of my laptops, needs to be returned and replaced with a new one.” After getting a new quote from the reseller, the new laptop is priced higher than the returned laptop, what documentation is needed?

Customer needs to sign a two-way addendum

No need to send new docs, we can send a one-way addendum.

New Schedule A

New Exhibit A

New Schedule A and Exhibit A

What is the threshold limit that an Opinion of Counsel is required on outside counsel letterhead?

$250,000

$500,000

$350,000

Customer's letterhead is always okay no matter the amount

If the Credit Approval requires a Customer PO, the PO can be made payable to the Vendor instead of LEAF/PL name.

True

False

On a HaaS (Hardware as a Service) deal, the equipment location on the documents is the Haas End User’s address.

True- b/c that is where the equipment is eventually going.

False- b/c our Lessee is the reseller, so we need to use the Lessee’s address.

What Funding sources can we send California deals to that are not FMV?

LEAF

Wells

Balboa

Both LEAF and Balboa

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