Prior to making a credit decision we should always check the applicant's

A) capacity, cash, and collateral. B) character, capacity, and collateral.
C) collateral, character, and current assets. D) collateral, credit, and cash.


A

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A person may have the right to use the land of another person but not to actually occupy it on a long-term basis. The property interest that grants a person this particular right is known as a(n) ________.

A. fee simple B. easement C. lease D. license

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The inventory turnover amount is needed to calculate the

A) days' sales uncollected. B) days' inventory on hand. C) receivables turnover. D) interest coverage ratio.

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Which of the following is not a member of the G4+1?

a. IASB b. Australia c. The US d. France

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If Gloria threw a rock which hit Merle, she is liable for an intentional tort of battery only if she intended to injure or harm Merle

a. True b. False Indicate whether the statement is true or false

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