Which of These Is an Advantage of Bank Overdrafts as a Form

question 50

Multiple Choice

Which of these is an advantage of bank overdrafts as a form of finance?

• A)They are legally payable on demand.
• B)They are easy to arrange.
• C)They are a flexible form of borrowing.
• D)Both B and C.

---

Definitions:

Judith Rodin

An influential psychologist and the first female president of an Ivy League university, notable for her research in health psychology.

Emotion-Focused Coping

Coping strategies oriented toward managing the emotions that accompany the perception of stress.

Folkman

Refers to Dr. Judah Folkman, a pioneering researcher in the field of angiogenesis and its role in cancer development and treatment.

Problem-Focused Coping

Coping strategies aimed at changing the source of the stress.