On Graduation, You Start a Small Business Consulting Service Operating

question 16

Multiple Choice

On graduation, you start a small business consulting service operating from leased premises, and one year into business you borrow $25,000 from a bank. The best (being the most useful) security the bank can likely get from you is probably

• A) a chattel mortgage.
• B) a bill of sale.
• C) an assignment of book debts.
• D) a conditional sale agreement.
• E) a right of lien.

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Definitions:

Minnesota Twin Study

A project that examines the influence of genetics versus environment on human development by studying twins reared together and apart.

Identical Twins

Twins that have developed from a single fertilized egg, leading to two individuals with the same genetic makeup.

Personality Traits

Enduring characteristics that describe individuals' consistent patterns of thought, emotion, and behavior.

Extraverts

People who are outgoing and sociable.