Although Small Businesses Make Up a Disproportionately Large Share of the Number

question 17

True/False

Although small businesses make up a disproportionately large share of the number of companies that export and import in the United States, this represents only about 1 percent of the total number of small businesses.

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Definitions:

Security Interest

A legal claim or lien on collateral that has been pledged, usually to secure repayment of a loan.

Attachment

A legal process in which a court designates property of the defendant to be seized or secured to satisfy a potential judgment.

Enforceable

A description of a legal agreement or contract that can be upheld or compelled by law.

Certificated Security

A security that is represented in physical, paper form rather than in electronic or digital form.