A business is a ____when it has the ability to take some of the nonpaying customers' property to satisfy the debt.
A) general creditor
B) financed creditor
C) collateral creditor
D) real creditor
E) none of the other choices are correct
Correct Answer:
Verified
Q330: An open account means:
A) multiple payments are
Q331: The most common form of credit is
Q332: The primary distinction in secured credit transaction
Q333: Debt collections may be done by:
A) invoice
B)
Q334: An open account means:
A) multiple payments are
Q336: A secured creditor is one who:
A) is
Q337: For credit under a(n) _ the terms
Q338: A(n) _ allows more debt to be
Q339: In a(n) _, goods and services are
Q340: In a(n) _, the debtor makes a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents