Which One of the Following Statements Is Correct

question 40

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

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Definitions:

Visual Elements

Components of a design or visual presentation, such as color, shape, line, and texture, that contribute to its overall aesthetic and message.

Business Communication

The exchange of data among individuals both inside and external to a company for the purpose of reaching business objectives.

Ethical

Pertaining to or dealing with morals, the principles of morality concerning right and wrong behavior.

Persuasive Message

Communication intended to influence the attitudes, beliefs, or behaviors of others through reasoned argument.