The Largest Producer of "Fuzz-Busters" (Radar Detectors) Sees That Many

question 18

Multiple Choice

The largest producer of "fuzz-busters" (radar detectors) sees that many states are increasing the penalty for using them. Clearly, this firm's marketing strategy may have to change in response to these changes in the

• A) economic and technological environment.
• B) resources and objectives of the firm.
• C) competitive environment.
• D) political and legal environment.
• E) cultural and social environment.

---

Definitions:

Debtor

A party that owes money to another party.

Proceeds

Something that is exchanged for a debtor’s sold collateral.

Security Interest

A legal claim or lien on collateral that secures the repayment of a debt or obligation, giving the lender rights in the collateral.

Secured Party

The party that holds the interest in a secured property.