When It Comes to Trade Credit,the Small Business Owner

question 75

Multiple Choice

When it comes to trade credit,the small business owner:

• A)should avoid it as it generally leads to overextension of his/her credit line.
• B)should almost always take advantage of it.
• C)should only consider it if they have a strong accounts receivables situation.
• D)should know that its use makes little difference in the company cash flow and therefore should be avoided.

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Definitions:

Human Exceptionalism

The attitude that humans are exempt from natural ecological limits.

Malthusian Theorem

A principle asserting that population growth tends to outpace the growth of food supply, leading to periodic famine, poverty, and population checks such as disease and war.

Conservation

The protection and preservation of the natural environment and wildlife, ensuring sustainable use of resources for future generations.

Conservation Era

A period of American environmental history, primarily in the late 19th and early 20th centuries, marked by increasing awareness and efforts to conserve natural resources.