Examlex
Joyce is not comfortable going online but likes to get detailed information about a product before buying it.She also prefers to order from home rather than going out to a store.Which of the following channels would Joyce find most suitable for obtaining product information?
Long-term Note
A debt instrument that extends for a period beyond one year, representing a borrower's promise to pay back a sum of money to the lender at a specified interest rate.
Collateral
An asset or property that a borrower offers to a lender as security for a loan, which can be seized if the loan is not repaid.
Coupon Interest Rate
The annual interest rate paid on a bond or fixed-income security, expressed as a percentage of the face value.
Carrying Amount
Also known as book value, this represents the value of an asset as recorded in the company's books, accounting for depreciation and amortization.
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