A 'Floating Charge' Is a Security for a Loan Over

question 27

Multiple Choice

A 'floating charge' is a security for a loan over:

• A)A particular asset of a company.
• B)A class of assets of a company.
• C)A particular asset of a business.
• D)A class of assets of a business.

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Definitions:

Danfoss

A global company specialized in engineering solutions, often focusing on energy-efficient, climate-friendly technologies.

Panasonic

A multinational electronics corporation based in Japan, known for its wide range of electronics and home appliance products.

Strategic Behavior

Actions taken by firms or individuals that consider the expected reactions of other participants and attempt to optimize their own position accordingly.

Excess Capacity

The situation where a firm is producing at a level less than its maximum potential output due to insufficient demand or deliberate strategic choices.