Which Type of Financing Is Generally Used by New Car

question 83

Multiple Choice

Which type of financing is generally used by new car dealers to finance their inventories?

• A)Blanket inventory lien arrangement
• B)Trust receipt loans
• C)Committed line of credit
• D)Trade credit financing
• E)Field warehousing financing

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Definitions:

Fuser

A component in laser printers and copiers that uses heat and pressure to bond toner to paper, producing a printed image or text.

CIS

Center for Internet Security, an organization that provides best practices and security benchmarks to help protect organizations against cyber threats.

Cloud Printer

A printing solution that enables users to print documents from any device by sending print jobs over the internet to a cloud-connected printer.

Accelerometer

A technology in mobile devices to detect screen orientation and adapt what is shown onscreen for that viewing mode. A gyroscope measures and maintains that orientation.