Credit that does not require any collateral to protect the payment of the debt is referred to as ________.
Fill in the blank(s) with the appropriate word(s).
Unsecured credit
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Don't try to memorize a presentation because
A) you should be using a fully written script. B) you'll probably sound stilted when you deliver the message. C) it increases the necessity for improvising when you forget a line. D) you will have to increase your eye contact with the audience. E) audiences prefer to be read to rather than talked at.
List the three kinds of inventory accounts that are used by manufacturing companies. Briefly discuss what each account includes.
What will be an ideal response?
A(n) ________ is a purchase made on the spur of the moment without any planning or search effort
A) unsought product B) commodity C) impulse purchase D) emergency product E) shopping product
If you are an international businessperson arrested and taken into custody in a foreign country, the best approach is to
A. contact the local press and describe the situation. B. assert that you be released to your ambassador. C. resist talking at all. D. notify your embassy, try to understand the issues, and contact local assistance, such as a lawyer.