Also called unsecured loans, what are loans that are based only on the promise to repay and do not require any collateral (collateral is an asset that can be seized in the event of failure to pay back the loan)?
A) Credit Line
B) Open ended Loan
C) Non-collateral loans
D) Personal loan
E) Debt
D) Personal loan
You might also like to view...
What are the key points of the section 404 of the Sarbanes-Oxley Act?
The contingency theory of high-technology marketing specifically states that:
a. matching the appropriate marketing tool to the specific type of innovation will enhance the odds of success in the market. b. network externalities are contingent upon the presence of unit one costs. c. breakthrough innovations are contingent upon customer understanding of how to use the new innovation. d. supply chains are critical for both incremental and breakthrough innovations. e. established firms are less likely to be innovative than newer firms.
A company's adjusted trial balance provides the information needed to prepare the balance sheet and income statement.
Answer the following statement true (T) or false (F)
In the following code fragment, the IS keyword indicates that the ____.CREATE OR REPLACE PROCEDURE total_calc_sp (p_basket IN bb_basket.idbasket%TYPE, p_total OUT bb_basket.total%TYPE := 0 ) IS
A. executable section follows B. exception handlers follow C. PL/SQL block follows D. function follows