To Secure Financing for a Planned Expansion, Ohio Electronics Borrowed

question 47

Multiple Choice

To secure financing for a planned expansion, Ohio Electronics borrowed $400,000 from King Finance. The ________ loan agreement requires that Ohio Electronics provide the title to their factory as collateral

• A) recapitalization
• B) secured
• C) pledged
• D) minority

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Definitions:

Electrical Impulse

A quick surge of energy through a conductor, often used in reference to neuronal communication within the nervous system.

Neuron's Ending

refers to the terminus of a neuron where neurotransmitters are released to communicate with other neurons or muscle cells.

Obsessive-Compulsive Disorder

A mental disorder characterized by intrusive thoughts (obsessions) that produce anxiety and repetitive behaviors (compulsions) aimed at reducing that anxiety.

Determinists

Individuals or philosophers who believe that all events, including moral choices, are completely determined by previously existing causes.