The Bank Discount Method Is Common in ______

question 46

Multiple Choice

The bank discount method is common in ______.

• A) short-term business loans
• B) long-term business loans
• C) financing from customer prepayments
• D) collateral appraisal
• E) insurance

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Definitions:

Prestigious

Characterized by being held in high esteem or respect, often due to recognized success, excellence, or importance.

Insecure

Feeling uncertain or lacking confidence in oneself or one's abilities.

Competent

Having the necessary ability, knowledge, or skill to do something successfully.

Cognitive Demands

The mental effort required to complete a task or process information.