Ashton borrows $25,000 from Amanda. Amanda lends the money to Ashton without taking an interest in collateral for the loan. Amanda is relying on Ashton's credit standing when she makes the loan. What kind of creditor is Amanda?
A) an unsecured creditor
B) a secured creditor
C) an administrative claim creditor
D) a post-petition creditor
A
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Alexis Corporation (Alexis) decided to finance the construction of a large hotel. Two months after the project started, financial difficulties forced the firm to call the project to a halt
The construction company decided to sue Alexis for breach of agreement. Alexis decided to collaborate with Excalibur Industries and Phantasy, Inc to complete the project. In this scenario, the three firms have decided to form a ________. A) general partnership B) franchise C) joint venture D) syndicate
Consumers consider five aspects when defining quality. Which one of the following is least likely to be one of these aspects?
A) value B) fitness for use C) psychological impressions D) individual development