The most convenient document for a bank to use to get a security interest in a wide range of assets of a business when the bank makes a large business loan is a(n)
A) mortgage
B) assignment of book debts
C) general security agreement
D) financing lease
E) consignment
C
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How is power divided between the federal government and the state governments?
What will be an ideal response?
________ is the process of obtaining, cleaning, organizing, relating, and cataloging source data.
A. Data scrubbing B. Data encryption C. Data mining D. Data acquisition E. Data entry
________ are funds denominated in U.S. dollars and deposited in banks located outside the United States
A) Negotiable certificates of deposit B) Eurodollar deposits C) Banker's acceptances D) Money market mutual funds
A new home was financed for $98,000 at 9.5% for 25 years. Prepare an amortization schedule. What is the balance after the first payment?
a. $98,116.13 b. $97,896.95 c. $97,919.60 d. $97,143.30