Once a credit account becomes past due, a small business owner should ________

A) wait patiently; the customer will most likely pay the bill eventually
B) turn the account over to a collection agency the day it becomes past due
C) send a "second notice" letter requesting immediate payment
D) call the "deadbeat" in the middle of the night and make harassing and threatening remarks until he pays

C

Business

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All of the following employed persons who have no employer retirement plan would be eligible to set up a traditional IRA EXCEPT

A) Edna, age 72, a nurse B) Brent, age 40, a medical technician C) Jack, age 60, a plumber D) Miriam, age 26, a chemical engineer

Business

In which of these funds does the portfolio of assets generally remain unchanged?

A) Closed-end funds and unit investment trusts B) Exchanged traded funds and HOLDRs C) Closed-end funds and open-end trusts D) Exchange traded funds and unit investment trusts

Business