Since Many Customers Don't Know Exactly What They Want Small

question 89

True/False

Since many customers don't know exactly what they want small business owners should only listen to him/herself.

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Definitions:

Trust Receipts

Trust receipts are documents that evidence the release of merchandise to a buyer in trust for the bank until the loan amount is paid.

Pledged Inventory

Inventory that has been used as collateral for a loan.

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically used for the financing of payroll, accounts payable, and inventories.

SEC Registration

The process of filing documents required by the Securities and Exchange Commission for new securities to be sold to the public.