A small business owner should avoid borrowing money when he/she sees a downturn in business or to refinance existing debt

Indicate whether the statement is true or false.

Answer: FALSE

Business

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An accepted time draft is quite similar to:

A) A cheque dated in the future B) A conditional sale C) Selling on open account D) An overdue account

Business

Three-hundred-sixty-degree feedback systems will be effective in all organizations

Indicate whether the statement is true or false

Business