General Environment Dimensions Affect an Organization Indirectly

question 44

True/False

General environment dimensions affect an organization indirectly.

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Definitions:

Balloon-Payment Mortgage

A mortgage that has relatively low fixed payments during the life of the mortgage followed by one large final (balloon) payment.

Equity

Fairness or justice as applied in the correction of law or the ownership interest in a company or property.

Unperfected Security Interests

A security interest in collateral that has not been properly filed or recorded, leaving it vulnerable to claims by other creditors.

Collateral

An asset or property that a borrower offers to a lender as security for a loan, which can be seized if the loan is not repaid.