Confidentiality in Groups Is

question 122

Multiple Choice

Confidentiality in groups is

• A) a legal right of every member.
• B) something that members can be guaranteed.
• C) something that members cannot be guaranteed.
• D) an absolute that can never be broken for any reason.

---

Definitions:

Cash Discounts

A reduction in invoice price offered by sellers to buyers as an incentive for early payment.

Credit Terms

Conditions under which credit is extended by a lender to a borrower, including payment due dates, interest rates, and repayment schedules.

Credit Period

The time frame granted by a creditor within which payment for a purchase must be made; typically used in commercial transactions.

Credit Risk

The risk of loss resulting from a borrower's inability to repay a loan or meet contractual obligations.