The department within a company that performs the function of selling goods or services is called

The answer to this question is the Sales Department. The Sales Department is a department in an organization / company that is in charge on activities that will boost the sales production of the company. The functions of the sales department is basically dealing on the marketing, pricing, distribution, and sales of the products or services of the company.

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan