Under a guaranty of __________, the guarantor's obligation to pay the lender is triggered automatically when the debtor fails to make a payment when due
a. security
b. collection
c. payment
d. performance
c
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The salesperson should decide which element(s) of the presentation mix to emphasize in a particular presentation based primarily on:
A. inventory levels, financial objectives, marketing plan and distribution strategy. B. sales call objective, customer profile and customer benefit plan. C. competitor activity, current inventory levels and bonus plans. D. persuasive communication, competitor activity and financial objectives. E. financial objectives, product newness, number of customers and inventory levels.
A joint federal-state effort to cover medical expenses for the needy is known as
A) Medicaid. B) Medicare. C) Medigap. D) Mediplan.
If Crazy Marbles lowers its price to all buyers of 1,000 or more marbles, it is not a violation of the Robinson-Patman Act
Indicate whether the statement is true or false
Which of the following is NOT an element of fraud?
A) Material misrepresentation B) Competent parties C) Knowledge of falsity D) Justifiable reliance