Ruth Has to Prepare an Informational Report, Highlighting the Disadvantages

question 154

Multiple Choice

Ruth has to prepare an informational report, highlighting the disadvantages of an older approach and the advantages of a newer approach. The topical organization of her material would involve ________.

• A) comparison
• B) category
• C) similarities
• D) sequence

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Definitions:

Escrow Company

A neutral third-party entity that holds assets, including money, property, and documents, on behalf of other parties during the completion of a transaction.

Financing Statement

A document filed to give public notice of a secured transaction, indicating an interest in the assets of a debtor.

Collateral

Collateral offered to secure a loan, subject to seizure upon default.

Collection Agency

An organization employed by creditors to collect funds that are owed by individuals or businesses, usually when those debts are past due.