Which of the Following Is an Advantage of Using Digital

question 125

Multiple Choice

Which of the following is an advantage of using digital catalogs?

• A) lists the phone numbers of interested prospects
• B) coordinates with direct-response television ads
• C) points customers to the nearest kiosk
• D) eliminates printing and mailing costs
• E) creates emotional contact with customers

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Definitions:

Insolvent Debtor

A debtor who cannot pay debts in a timely fashion.

Purchase Money Security Interest

A legal claim that allows creditors to repossess or claim goods as collateral if the buyer fails to meet the terms of the credit agreement, specifically concerning goods that were purchased with the loan.

Inventory

The total amount of goods and materials held by a business for the purpose of resale or production.

Perfected PMSI

Perfected PMSI (Purchase Money Security Interest) is a legal claim or lien that grants the lender priority over other creditors regarding the debtor's asset, provided certain legal procedures are followed.