Of course Sir. We .......................................... the denim you are looking for.
The  statement "Of course Sir. We have the denim you are looking for," the missing phrase that would make the statement complete is "have."
The complete statement would be "Of course Sir. We have the denim you are looking for." Therefore, the missing term is "have." In this statement, the speaker confirms that they have the denim the listener is looking for. The term "denim" is a type of cotton cloth used for making clothing, particularly jeans. The use of the phrase "looking for" implies that the listener is searching for something and has expressed their need for denim. The speaker is reassuring the listener that they have what they need.
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