If You Find That You Cannot Make Your Payments,the First

question 84

Multiple Choice

If you find that you cannot make your payments,the first thing you should do is:

• A)skip town.
• B)declare personal bankruptcy.
• C)borrow from a loan shark to make the payment.
• D)let the balance owed go to a collection agency.
• E)contact your creditors and try to work out a modified payment plan with them.

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Definitions:

Competitive Advantage

The attributes or conditions that allow an organization to perform better than its competitors.

Drug Interdiction

Measures aimed at stopping the illegal trafficking of drugs.

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a given period.

Prices

The price tag anticipated, mandatory, or surrendered in settlement for an item.