Agriscience Unit 35

Many businesses that fail do not have clearly defined goals and objectives.

• True

• False

Agribusinesses only sell products.

• True

• False

Referring to the figure, two bites of ice cream have more added satisfaction than one bite.

• True

• False

Referring to the figure, twelve bites of ice cream achieves the greatest amount of satisfaction.

• True

• False

One factor to consider in selecting a lender is the lending institution representative’s knowledge of agricultural practices and problems.

• True

• False

Identify the document that a borrower signs indicating the loan will be paid on or before a specified date.

• credit registration form

• installment document

• promissory note

• reliability voucher

Which of the following is not a career opportunity in agribusiness planning?

• teaching

• marketing

• product engineering

• plant geneticist

Which of the following sources provides agricultural credit for real estate only?

• Federal Land Banks

• insurance companies

• Farmers Home Administration

• Production Credit Association

Which of the following sources typically offers the lowest annual interest rate on real estate?

• Federal Land Banks

• insurance companies

• Farmers Home Administration

• Production Credit Association

Annual interest rates will fluctuate based on the current ________________.

• prime rate

• weather patterns

• political climate

• stock market trends