Match the Term with Its Definition

question 2

Multiple Choice

Match the term with its definition.
-A line of credit secured by working capital assets

• A)asset-based loan
• B)basis point
• C)equipment loan
• D)LIBOR (London InterBank Offered Rate)
• E)line of credit
• F)prime rate (base rate)
• G)purchase-order financing
• H)term loan

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Definitions:

Pedestrian

An individual who travels on foot, especially in areas designated for walking.

Injuries

are damages or harm caused to the body, emotions, or mind of a person.

Suit

A legal action brought by one party against another in a court of law.

Scope Of Employment

Legal concept that determines whether an employee's actions are within the range of tasks assigned by their employer and relevant to their job duties.