Whether short term or long term, a loan may be secured or unsecured
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: Both short-term and long-term loans can be either secured or unsecured loans.
Business
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In Microsoft SQL Server, the most appropriate data type to store product descriptions is which of
the following? A) Nvarchar B) Image C) Ntext D) Float
Business
Nadir Company sold $2,000 of merchandise to Acme Company, with terms of 3/10, n/30. Five days later, Acme returned $500 of the merchandise. If Acme pays within the discount period, how much cash will Nadir receive?
A) $2,000 B) $1,940 C) $1,500 D) $1,455
Business