Examlex

Solved

________ Is a Form of Short-Term Financing

question 267

Multiple Choice

________ is a form of short-term financing. Businesses buy merchandise from their suppliers, but are not required to pay for their purchases until some future date.


Definitions:

Individualism

A social philosophy prioritizing the liberty of persons above the governance or regulation by communal or state powers.

Collectivism

The practice or principle of giving a group priority over each individual in it.

Interdependence

A reciprocal relation between interdependent entities (objects or individuals or groups) where they rely on each other to a significant extent.

Independence

The condition or quality of being free from dependence, control, or influence.

Related Questions