If a debtor defaults on a credit contract, the creditor may:
a. impose a late charge.
b. garnish wages if there has been a court proceeding to enforce collection of a judgment.
c. declare the entire balance of the debt immediately due and may sue on the debt.
d. All of these.
e. Both impose a late charge and declare the entire balance of the debt immediately due and sue on the debt.
d
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When a bank pays interest or collects an amount owed to a company by one of the bank's customers, the bank issues a credit memorandum
a. True b. False Indicate whether the statement is true or false
One way that lower power parties can deal with the big players in business deals and partnerships is by limiting the ways you can do business or limiting whom you can do business with. This is an example of which piece of advice?
A. build momentum by doing deals in sequence B. never do an all-or-nothing deal C. constrain yourself D. make yourself bigger
Which of the following is considered a part of financial risk??
A. ?Demand variability B. ?Sales price variability C. ?The extent to which operating costs are fixed D. Changes in interest rates on debt? E. ?The ability to change prices as costs change
Discuss some of the trends that are helping to shape the future in health-care coverage.
What will be an ideal response?