TYPE OF
CREDIT
1. Installment Loans
vs Revolving Credit
I = installment
R= revolving
CBE = could be either
2. Secured vs
Unsecured Debt
S = secured
U = unsecured
CBE = could be either
3. Variable vs Fixed
Rate
V = variable
F = fixed
CBE = could be either
Auto loan
Credit card
Mortgage
Payday loan
Personal loan (from bank)
Small business loan (from
bank
Student loan (Federal)
Exit Ticket

Trinity trucking signs a contract with olsen oil to purchase all of the fuel for its fleet of trucks for the next year from olsen at a price of $3.00 per gallon. at the time trinity and olsen sign the contract, the market price for gasoline was $3.25 per gallon, and trinity had an expert report predicting that the price would rise to at least $4.25 per gallon in the upcoming six months. instead, the price dropped to $2.00 per gallon. may trinity rescind the contract with olsen due to its mistaken belief about the future of the price of gasoline?

"in my opinion, we ought to stop making our own drums and accept that outside supplier's offer," said wim niewindt, managing director of antilles refining, n. v., of aruba. "at a price of $21 per drum, we would be paying $4.70 less than it costs us to manufacture the drums in our own plant. since we use 70,000 drums a year, that would be an annual cost savings of $329,000." antilles refining's current cost to manufacture one drum is given below (based on 70,000 drums per year):

In risk management, what does risk control include? a. risk identification b. risk analysis c. risk prioritization d. risk management planning e. risk elimination need this answer now : (