________ includes any assets an entrepreneur pledges to a lender as security for repayment of the loan?
A) Collateral
B) Down payment
C) Margin
D) Condition.
Answer: A) Collateral
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When communicating with other cultures, humor and casual language is usually most effective
Indicate whether the statement is true or false.
Jenny traded in her old car for her heart's desire, a new Lexus sedan. The Lexus is considered a specialty product.
Answer the following statement true (T) or false (F)
Two teenagers held up a gas station at gunpoint and ran off with a bag of money. The police saw them run into Jill's apartment building where there are only four apartments off a common hall and no apparent way out of the building but the front door. The police knock on Jill's door. She says she's the only one there. The police can:
A) search the apartment without a warrant because Jill voluntarily answered the door. B) search the apartment without a warrant because they are in hot pursuit of the fugitives. C) not search the apartment, because they have no reason to believe that the teenagers are in Jill's apartment rather than in the others. D) not search the apartment, because voluntary consent to enter is necessary.
When many consumers think of adhesives, they think of 3M because it makes so many kinds of adhesives used in the home. However, the world's largest adhesive producer is Henkel Consumer Adhesive, maker of Loctite and Duct tape. 3M and Henkel are part of each other's _____ environment.
A. competitive B. economic C. social D. marketing mix E. legal and political