What is the type of loan where the entire interest charge is subtracted from the loan principal before you receive the money, and at maturity you repay the entire principal?

A) Simple interest method
B) Partial amortization method
C) Discount method
D) Add-on method
E) None of the above

Answer: C

Business

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To ensure the audience will interpret the message in the way the writer intended, what type of words should be used?

A) Passive B) Active C) Synonyms D) Concrete E) Abstract

Business

In order to assure the receiver understands the sender's frame of reference, the sender should:

a. try to be dynamic, confident, and positive when delivering information. b. challenge the validity of feedback. c. not hesitate to rationalize actions taken. d. argue with the receiver's perceptions. e. b and c only

Business