A marketable security is an unsecured bank loan whereby the bank agrees to lend a company up to a specific amount of cash, at the discretion of the company

Indicate whether the statement is true or false.

Answer: FALSE
Explanation: A LINE OF CREDIT is an unsecured bank loan whereby the bank agrees to lend a company up to a specific amount of cash, at the discretion of the company.

Business

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Amortization is the process by which businesses spread the allocation of an intangible asset's cost over its useful life

Indicate whether the statement is true or false

Business

In the six-step presentation plan, the first and last steps are respectively:

A) presentation; demonstration. B) approach; close. C) presentation; negotiation. D) approach; presentation. E) approach; servicing the sale.

Business