Refer to Fact Pattern 12-1

question 310

Multiple Choice

Refer to Fact Pattern 12-1. Each month Gena is supposed to pay a set amount of money to Fidelity in repayment of her loan. This may be described as what type of credit account?

• A) a full-collateral account
• B) an open account
• C) an installment account
• D) a retainer account
• E) a signatory account

---

Definitions:

Job Sharing

Splitting one job between two people.

Full-Time Job

Employment in which the employee works a minimum number of hours defined as full-time by their employer, typically 40 hours per week.

Flexibility

The ability to adapt to changes and remain effective in a variety of situations.

Compressed Workweek

A work schedule that allows employees to work longer hours on fewer days, often aiming to increase work-life balance.