A Company Pledging Its Inventory, Accounts Receivables, or Fixtures as Collateral

question 76

Multiple Choice

A company pledging its inventory, accounts receivables, or fixtures as collateral for a loan is using ________.

• A)floor planning
• B)asset-based financing
• C)trade credit
• D)margin loan

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Definitions:

Telophase II

The final stage of meiosis II where chromosomes decondense, nuclear envelopes form around the daughter nuclei, and cytokinesis occurs, resulting in four haploid daughter cells.

Homologous Chromosomes

Chromosome pairs in diploid beings that are alike in form, dimension, and genetic composition, being inherited from both the mother and the father.

Sister Chromatids

Identical copies of a chromosome, connected by a centromere, that are formed by DNA replication and separated during cell division.

Haploid Nuclei

Nuclei containing a single set of chromosomes, characteristic of gametes in sexually reproducing organisms.