A(n) is a type of legal claim (lien) against a firm's inventory when it is used as collateral for a loan and the goods are relatively high priced, slow moving, and easy to identify individually using serial numbers or other distinguishing characteristics.
a. note payableb. trust receipt
c. blanket lien
d. bond indenture
e. recourse inventories order

The correct answer is C that is blanket lien.

Explanation:

Blanket lien is the lien or claim which provide the right to the creditor a right to seize in the event of non- payment or the default, then all kind of assets which served by debtor as a collateral.

It provides the creditor a legal interest for all of the assets of the debtor. So, the kind of legal claim against the inventory of the firm when it is used a collateral for the loan.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know