Tres Has Received a Large Contract and Has Taken a Loan

question 40

Multiple Choice

Tres has received a large contract and has taken a loan to buy inventory.Considering the timing of the loan,Tres may be ____________ to complete the contract.

• A)selling short
• B)pledging receivables
• C)mortgaging
• D)factoring

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Definitions:

Indifference Curve

A graph showing different bundles of goods between which a consumer is indifferent, illustrating preferences.

Absolute Values

The non-negative value of a real number without regard to its sign, represented as the distance of a number from zero on the number line.

Favorite Bundle

In consumer theory, the combination of goods and services that maximizes a consumer's satisfaction or utility, given their budget constraint.

Absolute Values

A measure representing the magnitude of a number regardless of its direction or sign, shown as the distance from zero on a number line.