D. The Treaty of Ghent
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Answer:
Informal benchmarking
Explanation:
Generally, there are four different types of benchmarking.
Informal benchmarking: The term "informal benchmarking" is described as one of the different types of benchmarking that is being performed unconsciously by different people at home or work. However, it is an individual tendency to continuously learn and compare from the practices and behavior of another person including ways to play, use software program, or cook, etc.
In the question above, the given statement signifies the informal benchmarking.
Answer:
Britain was far more advance from other European countries.
Explanation:
The development like industrialization and advancement in society began first in Britain. The industrial revolution was possible in Great Britain because of the availability of iron ore and coal deposits. They had modernized transportation like canals which helped transport goods from one place to another. They brought materials to factories and finished products to markets.
Answer:
The correct answer is a collateralized loan.
Explanation:
A collateral is a type of property or other assets that a lender accepts from the borrower for the purpose of security against a loan. The lender can seize the collateral if the loan is not paid back. The value of collateral must be either equal to more than the loan amount.
The example given here is an example of a collateralized loan where a real estate property is used as security.
Other examples of collateral are cars, bank saving deposits, investment accounts.