The Three Major Activities of a Business Are Operating,investing,and Financing

question 125

True/False

The three major activities of a business are operating,investing,and financing.

---

Definitions:

Super-Priority Lien

A lien that takes precedence over all existing liens on a property, ensuring that a particular creditor is paid before any others in the event of a default.

Ace

A term often associated with achieving excellence or a high level of skill in a particular area.

Contractor

A person or corporation that agrees to a contract to supply materials or workforce to execute a service or complete a task.

Lien

A legal right or claim against a property by a creditor to ensure the payment of a debt.