The Three Components of Credit Policy Are

question 1

Multiple Choice

The three components of credit policy are:

• A) collection policy, credit analysis, and interest rate determination.
• B) collection policy, credit analysis, and terms of the sale.
• C) collection policy, interest rate determination, and repayment analysis.
• D) credit analysis, repayment analysis, and terms of the sale.
• E) interest rate determination, repayment analysis and terms of salE.

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Definitions:

Propagation Event

In chemical kinetics, a step in a chain reaction where reactive intermediates react with stable molecules to produce new reactive intermediates and propagate the chain.

UV Light

Ultraviolet light, a form of electromagnetic radiation with a wavelength shorter than that of visible light but longer than X-rays.

Ethane

A hydrocarbon with the formula C2H6, consisting of two carbon atoms single-bonded together, with three hydrogen atoms bonded to each carbon.

Chain Termination

A process in polymerization or DNA synthesis where growth of the polymer chain is stopped by a terminating molecule.