Which One of the Following Statements Is Correct

question 8

Multiple Choice

Which one of the following statements is correct?

• A) A farmer generally uses a type of financing that employs trust receipts to provide financing during the growing season.
• B) A third-party inventory manager is generally involved with the lender and the borrower in a floor plan arrangement.
• C) A drug store is more apt to have a financing arrangement involving trust receipts than one involving a blanket lien.
• D) Floor plan arrangements are most applicable to large, easily identifiable types of inventory.
• E) A direct loan from a bank is generally less expensive than a loan involving commercial paper.

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Definitions:

Pantheistic

Pertaining to the belief or doctrine that identifies God with the universe, or regards the universe as a manifestation of God.

Nonreligious

Pertaining to aspects of life or viewpoints that are not influenced by or associated with religion.

Anthropological Definition

Anthropological definition involves explaining concepts, phenomena, or terms from the perspective of anthropology, focusing on the holistic study of human societies and cultures.

Myth

A traditional story, especially one concerning the early history of a people or explaining a natural or social phenomenon, and typically involving supernatural beings or events.