Raul needed an expensive piece of equipment to expand his business. He borrowed the money from the bank and pledged the equipment as ___________. If Raul does not repay the loan, the bank can take his equipment.
A. a promissory note
B. collateral
C. asset in escrow
D. long term debt
Answer: B
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Choose the correct word or words in parentheses. Are (them, those) the new band uniforms?
Marian Fleming, new CEO of Xenon Products, worked diligently with her board to develop a vision for the firm. She tells her chairman, "With this vision, I know where I want us to go. And I must articulate this vision, clearly and often, so that ________ can understand the vision and can state it clearly themselves."
A. other people outside the organization B. stakeholders C. the media D. other people in the organization E. customers
Brandon is in the process of qualifying leads he received from corporate headquarters. Brandon will assess
A. whether he should use role playing in his sales presentation. B. how often these customers have bought his products in the past. C. whether or not it is worthwhile to pursue these potential customers. D. what objections he is likely to receive from the customers. E. how to preapproach these people.
How the value of the shares of each merging corporation will be determined is stated after the plan of merger has been approved.
Answer the following statement true (T) or false (F)