According to the Classification of Magazines by Content,_____ Magazines Are

question 44

Multiple Choice

According to the classification of magazines by content,_____ magazines are purchased for entertainment,information,or both,are edited for people who buy products for their own personal use.

• A) consumer
• B) farm
• C) business
• D) industrial
• E) professional

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Definitions:

Trust Receipts

Documents acknowledging the receipt of goods by a trustee while detailing the terms of an agreement for selling or holding the goods.

Collateral

An asset backing a loan. In the event of default the collateral becomes the property of the lender to satisfy the obligation. Also called security for the loan.

Public Warehouses

Warehousing facilities operated by third parties that offer storage and handling services to the public for a fee.

Trade Credit

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