What Kind of Buying Decision Is Being Made When the Receptionist

question 24

Short Answer

What kind of buying decision is being made when the receptionist orders replacement goldfish for the aquarium in the lawyers' waiting room from the company that initially supplied the fish that died?

---

Definitions:

Compounding

The process where the value of an investment increases because the earnings on an investment, both capital gains and interest, earn interest as time passes.

Demand Note

A loan or debt instrument that is repayable on demand at the choice of the lender at any time.

Lump Sum

A single payment made at a particular time, as opposed to multiple payments over time.

Installment Loan

is a type of loan that is repaid over time with a set number of scheduled payments, typically monthly.