In banking terminology, a creditor-debtor relationship is created when a customer ________
A) fails to maintain adequate funds in his bank checking account
B) makes a deposit into a bank
C) writes a check against his account
D) writes a postdated check drawn on his bank
B
Business
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Prior to applying for a loan through an approved Small Business Administration lender, you
must establish the form of business ownership. Indicate whether the statement is true or false
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What are sources to use to calculate a single loss expectancy as part of a risk assessment?
A) historical experiences of the organization B) industry averages C) recent incidents only (typically the past 6 months) D) both A and B
Business