There Are More Final Consumers Than Business and Organizational Customers

question 208

True/False

There are more final consumers than business and organizational customers, so more is purchased by final consumers.

---

Definitions:

Liquidated

The process of converting assets into cash or paying off debts through the sale of assets in a legal or business context.

Receivables

Money owed to a business by its clients or customers for goods or services delivered but not yet paid for.

Favorable Lending

Financial conditions or loan terms that are advantageous to the borrower, such as lower interest rates or flexible repayment schedules.

Loan Officer

A financial professional responsible for evaluating, authorizing, or recommending approval of loan applications for people and businesses.