If a Company Has Not Had Prior Experience with a Client,where

question 16

Multiple Choice

If a company has not had prior experience with a client,where might they obtain the credit information?

• A) Rating Companies
• B) 5 C's
• C) Complex Programs
• D) Friends and family

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Definitions:

Trade Secret

A type of intellectual property that comprises formulas, practices, processes, designs, instruments, patterns, or compilations of information not generally known or reasonably ascertainable, which gives a business advantage over competitors who do not know or use it.

Personal Service

Customized assistance or work performed directly for an individual rather than for a mass of consumers or organization.

LLC

Limited Liability Company; a business structure in the United States that provides the owners with limited liability protection, while offering the tax benefits of a partnership.

Register

To record or enroll formally, especially in a list, database, or book, or the part of the brain that deals with speech and language processing.