Which of the Following Statements About Pirates Is Correct

question 48

Multiple Choice

Which of the following statements about pirates is correct?

• A)Pirates are no longer relevant due to ships with a more advanced security systems.
• B)Tracking down pirates is relatively cheap.
• C)In spite of large corporate investments to build security, new attacks happen daily.
• D)South American shores represent the greatest danger to shipping companies.

---

Definitions:

Short-Term Loans

Loans that are scheduled to be repaid in less than a year, often used for working capital or emergency financing needs.

Dividend Payments

Distributions of a portion of a company's earnings, decided by the board, to a class of its shareholders.

Trade Credit

A financing arrangement where a buyer is allowed to purchase goods or services and pay the supplier at a later agreed date.

Accounts Receivable

Money owed to a company by its debtors for goods or services that have been delivered or sold but not yet paid for.