Incorrect Question 4 0/1 pts A company asks a customer to make a cash deposit payment before receiving a good or service. This deposit is an example of a: partially executed contract. prepaid asset. sales return. mutually unexecuted contract. Incorrect Question 7 0/1 pts Banks often ask for collateral when a company borrows money. Which of the following statements about collateral is NOT true? The company's goodwill on the balance sheet can be used as collateral. The company's inventory on the balance sheet can be used as collateral. None of the other answers is correct - all of the statements are true. If a company offers more collateral to the bank it may be able to negotiate a lower interest rate