Which of the Following Is Not a Characteristic of Short-Term

question 220

Multiple Choice

Which of the following is not a characteristic of short-term financing?

• A) It must be repaid within three years.
• B) It is easier to obtain than long-term financing.
• C) There is less risk of nonpayment to the lender.
• D) The amounts are usually smaller than amounts obtained through long-term sources.
• E) There is a close working relationship between borrower and lender.

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Definitions:

Nonverbal Communication

Nonverbal Communication involves the transmission of messages or information through means other than spoken words, such as facial expressions, body language, gestures, and tone of voice.

Disadvantages

Negative or less favorable aspects of a situation, plan, or object that may hinder achieving a goal or lower overall effectiveness.

Teams

Groups of individuals working together towards a common goal, often characterized by collaborative efforts and shared responsibilities.

Effective Listeners

Effective listeners actively engage in the communication process, comprehending, retaining, and responding appropriately to the messages being conveyed.