The first major consumer finance company which was created during the Great Depression on the 1930's was
A) General Motors Acceptance Corporation (GMAC) .
B) American Express Corporation.
C) General Electric Capital Corporation (GECC) .
D) Household Finance International.
Correct Answer:
Verified
Q3: Bad debt expense and administrative costs are
Q32: Finance companies prefer to outwardly purchase equipment
Q39: Sales finance companies do not directly compete
Q43: Which of the following is NOT true?
A)The
Q45: What is the primary function of finance
Q46: This type of finance company competes directly
Q47: Finance companies have no significant downturns in
Q48: A company that specializes in making installment
Q49: Which of the following is NOT an
Q57: Which of the following is NOT a
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