Which of the Following Generally Has No Specific Repayment Period

question 134

Multiple Choice

Which of the following generally has no specific repayment period?

• A) An unsecured bank loan
• B) Factoring
• C) A secured loan
• D) A promissory note
• E) Trade credit

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Definitions:

Goal

A specific, measurable, achievable, relevant, and time-bound objective that guides decision-making and actions.

Transformational Leaders

Leaders who inspire and motivate their followers to exceed their own interests for the sake of the group or organization by transforming their attitudes and beliefs.

Ethical Culture

A workplace environment shaped by shared ethical beliefs and practices that promote ethical conduct among employees.

Employee Commitment

The psychological attachment and loyalty an employee has towards their organization, often resulting in higher levels of effort and performance.