The primary difference between a line of credit and a short-term loan is
A) we make payments on the line of credit every month to insure that we will have good
credit.
B) we borrow the entire amount with both the short-term loan and the line of credit.
C) we borrow only what we need for the current month with both the short-term loan and
the line of credit.
D) we borrow the entire amount with the short-term loan, but borrow only what we need
with the line of credit.
D
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Susan Gilles wants to invest in a Tim Horton's franchise but opts not to once she finds out just how much it costs to buy a franchise. She decides to start her own independent coffee shop. She understands the need to differentiate her business from all the other coffee shops, given the type of competition that exists in this industry, which is,
A. an oligopoly. B. perfect competition. C. monopolistic competition. D. a monopoly.
Explain the right of performance
What will be an ideal response?