Which of the Following Closings Would Be Best in a Letter

question 12

Multiple Choice

Which of the following closings would be best in a letter to a friend and co-worker whose fiancé died in an auto accident?

• A) Be patient. Time heals, and you'll be back to normal soon.
• B) Again, please accept my sympathy for your loss.
• C) Terry was a good friend; I don't know how I'll fill the gap.
• D) Let's get together for dinner later this month and talk about the good times you, Terry, and I shared.

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Definitions:

Compensating Balance

A minimum balance that must be maintained in a bank account, often required by banks as a condition for granting a loan or extending credit.

Assigned Receivables Financing

A financing method where a company uses its accounts receivable as collateral to receive a loan or advance.

Accounts Receivable Factoring

A financial deal in which a company trades its outstanding invoices to an external entity at a reduced price to get cash instantly.

Wholesale Nursery

A business specializing in growing plants in bulk for sale primarily to retailers, landscapers, and other businesses, rather than directly to the public.