What Distinguished the Franciscans from the Heterodox Movements

question 20

Multiple Choice

What distinguished the Franciscans from the heterodox movements?

• A) their focus on living simply
• B) a desire to follow Christ's example
• C) their emergence from a backdrop of intense religiosity
• D) Franciscan operation within the church hierarchy

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Definitions:

Collateral

An asset backing a loan. In the event of default the collateral becomes the property of the lender to satisfy the obligation. Also called security for the loan.

Public Warehouses

Warehousing facilities operated by third parties that offer storage and handling services to the public for a fee.

Trade Credit

A type of commercial financing in which a customer is allowed to purchase goods or services and pay the supplier at a later scheduled date.

Commercial Paper

A short-term, unsecured debt security that corporations issue, primarily to fund payroll, accounts payable, and inventory needs.