A short-term loan secured by the borrower's inventory, either directly or via an intermediary, is called a (n) ____________________.

A) Debenture.
B) Line of credit.
C) Banker's acceptance.
D) Banker's acceptance
E) Inventory loan.

Teresa has a dental plan through her employer.Recently,she has undergone dental work costing the plan $2,500.Luckily for Teresa,this particular dental work was covered completely by her dental plan.What are the tax consequences as a result of Teresa not having to pay for the dental work?

A) Her employer will add the $2,500 as an expense in their income statement.
B) She will have to include the $2,500 as additional income.
C) There are no tax consequences at all as benefits are tax-free.
D) Teresa will have to claim half of the benefit as income.

Under perfect competition there must be

A) perfect mobility of resources and perfect knowledge.
B) neither perfect mobility nor perfect knowledge.
C) perfect mobility but not perfect knowledge.
D) perfect knowledge but not perfect mobility.

Consumers who score high on a scale of public self-consciousness:

A) are interested in clothing and are heavy users of cosmetics.
B) are usually older than average, mostly 50 and over.
C) are unconcerned about what others say about them in private, behind their backs.
D) go to great lengths to avoid appearing in public.

How may an easement be created?

A) By prescription.
B) By reservation.
C) By necessity.
D) It may be created in all of the above ways.

The achievement of measurable and demanding goals,especially those that are financial and market-based,characterize the ____ culture.

A) clan
B) market
C) bureaucratic
D) entrepreneurial