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Continuity Selling Provides Two Options Where the Customer Must Specifically

question 11

Multiple Choice

Continuity selling provides two options where the customer must specifically request shipment for each offer in a series or where the shipment is sent automatically unless the customer specifically requests that it not be sent. These two options are known as _____ and _____.


Definitions:

General Claim

A broad assertion or demand for rights, money, or property without specificity or restriction.

Collateral Bond

A type of bond that is secured by a specific pledge of collateral.

Debenture

An unsecured bond that relies on the creditworthiness and reputation of the issuer, without collateral.

Face Value

The nominal or dollar value printed on a financial instrument like a bond or stock certificate, representing the amount to be repaid at maturity.

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