An Operator of an Automobile Repair Shop Cannot Collect a Bill

question 74

Multiple Choice

An operator of an automobile repair shop cannot collect a bill of $426.42 from a customer. Where would the most convenient place be for the operator to sue to recover his money?

• A) Municipal court
• B) State district court
• C) Justice of the Peace court
• D) County court at law

Distinguish between ethical and unethical uses of power.

Recognize the importance of expert and referent power in influencing others.

Describe the relationship between power, authority, and influence.

Understand the concept and significance of the zone of indifference.

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Definitions:

Equipment

Machinery or tools necessary for a particular activity, task, or for the operation of a business.

Secured Creditor

A creditor that has a legal interest, usually called a lien, in a debtor’s property, securing the debt and giving the creditor rights to the property if the debt is not repaid.

Collateral

Assets pledged by a borrower to secure a loan, which can be seized by the lender if the loan is not repaid.

Security Interest

A legal claim or lien on assets which secures the performance of an obligation, usually repayment of a loan.