Business Essentials

The part of the business letter where the message of the letter is written is called the?

• heading

• body

• greeting

• closing

A formal goodbye is written in this section of the letter. It is called the________________.

• greeting

• inside address

• heading

• closing

Which of the following is the correct format for the inside address?

• Mr. John Doe

  Manager

  Cable Essentials

  P.O. Box N6789

  Nassau, Bahamas

• Mr. John Doe

  Cable Essentials

  P.O. Box N6789

  Nassau, Bahamas

• Mr. John Doe

  Manager

  P.O. Box N6789

  Nassau, Bahamas

• Mr. John Doe

  Cable Essentials

  Nassau, Bahamas

  P.O. Box N6789

After the closing comes the ________ in a business letter.

• date

• signature

• heading

• none of these

Imagine Emma, Kai, and Harper are starting a business together. They receive a large investment but owe a huge debt to a bank. To finally be free and grow their business, they must do what with their finances?

• Surreal

• Rescind

• Anecdote

• Liquidate

Answer explanation

To liquidate means to pay a debt, settle an account, or eliminate. This aligns with the definition provided in the question, making 'Liquidate' the correct choice.

The term memo is shorthand for which of the following?

• Memorium

• Memorandum

• Memorized

• Memoirs

The heading in a business letter includes--

• the address the letter is being sent to and the date

• the address of the person sending the letter and the date

• the address of both the recipient and sender and the date

• none of the above

What part is the complimentary close?

• Sincerely yours

• Enclosures

• 123 Baker Street

• Dear Ms. Smith

What does the first paragraph of a business letter explain?

• It explains what the receiver has to do.

• It explains the reason for writing.

• It explains the sender's feeling.

• It explains how grateful the sender is.

What do you usually write as salutation if you don't know who will be receiving your letter?

• Dear Mr./Ms./Mrs.

• Dear Mister

• Dear Sir/Madam

• Dear Miss