Author Question: Roberto has a long-standing relationship with his banker. When his company needs a short-term loan, ... (Read 117 times)

jon_i · **on:** Jul 14, 2018

Roberto has a long-standing relationship with his banker. When his company needs a short-term loan, he is able to obtain a loan at prime rate and does not have to put up any collateral for the loan. What type of financing has Roberto obtained?
A) Unsecured loan
B) Equity financing
C) Secured loan
D) Promissory note
E) Trade credit

Question 2

In the first set of Hawthorne experiments dealing with lighting, the main conclusion was that:
A) the pressure of social acceptance affects productivity.
B) the level of lighting determines whether productivity will increase.
C) employees work harder when they received added attention.
D) the piece-rate method affects productivity.
E) only the amount of pay affects productivity.