When You Create a Template, You Use the ____ Sammand

question 27

Multiple Choice

When you create a template, you use the ____ sammand in the Backstage view to open the template so that you can modify it.

• A) New
• B) Open
• C) Create
• D) Template

---

Definitions:

Installment Contracts

Agreements where payments are made in a series of increments over time in exchange for goods or services.

Conditional Sales Contract

A contract agreement where the buyer takes possession of an item, but its formal ownership and title remain with the seller until the purchase price is paid in full.

Machinery

Physical devices or machines, often powered, that are used in manufacturing processes or to perform various tasks in industries.

Collateral

Assets pledged by a borrower to secure a loan or credit, which can be seized by the lender if the borrower defaults on the repayment terms.