Which One of the Following Statements Is Correct in Regards

question 15

Multiple Choice

Which one of the following statements is correct in regards to credit periods?

• A)Perishable items tend to have longer credit periods.
• B)Items with low markups tend to have longer credit periods.
• C)Smaller accounts tend to have longer credit periods.
• D)Different customers may be offered different credit periods by the same firm.
• E)Newer products tend to have shorter credit periods.

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Definitions:

Jean-Paul Sartre

A French existentialist philosopher, playwright, and novelist known for his exploration of freedom, existentialism, and the absurd.

Erich Fromm

A German social psychologist, psychoanalyst, sociologist, and humanistic philosopher known for his theories on the tethers of freedom.

Escape From Freedom

A concept referring to the evasion of personal responsibility that leads individuals to seek refuge in authoritarian systems.

Determinism

Determinism is the philosophical theory that all events, including moral choices, are completely determined by previously existing causes.