Which One of the Following Statements Is Correct

question 8

Multiple Choice

Which one of the following statements is correct?

• A) A farmer generally uses a type of financing that employs trust receipts to provide financing during the growing season.
• B) A third-party inventory manager is generally involved with the lender and the borrower in a floor plan arrangement.
• C) A drug store is more apt to have a financing arrangement involving trust receipts than one involving a blanket lien.
• D) Floor plan arrangements are most applicable to large, easily identifiable types of inventory.
• E) A direct loan from a bank is generally less expensive than a loan involving commercial paper.

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Definitions:

Campaign Pledge

A promise or commitment made by a politician or political party to the electorate in order to gain support.

Benzodiazepine

Benzodiazepine is a class of psychoactive drugs known for their sedative effects, used in the treatment of anxiety, insomnia, seizures, and other conditions.

Withdrawal Symptoms

The physical and psychological symptoms that occur when a regularly used drug is discontinued and that terminate when the drug is taken again.

Benzodiazepine

A class of psychoactive drugs known for their sedative, anxiolytic, muscle relaxant, and anticonvulsant properties, often prescribed for anxiety, insomnia, and seizures.