____ Means That the Cause of Action Should Be a Fair

question 48

Multiple Choice

____ means that the cause of action should be a fair one.

• A) Progressive process
• B) Just cause
• C) Due process
• D) Just process

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Definitions:

Trade Credit

Credit granted in the normal course of business between companies. That is, vendors don’t usually demand immediate payment for their products.

Unsecured Creditors

Lenders or creditors who have extended loans without any collateral. If the borrower defaults, these creditors have no claim to any assets of the borrower.

Short-Term Funds

Short-Term Funds are investment vehicles that invest in securities with short maturity periods, usually less than one year, providing liquidity and income.

Trade Credit

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