Which of the following is NOT a characteristic of short-term financing?
A) the amounts are usually smaller than obtained through long-term sources
B) it is easier to obtain than long-term financing
C) it must be repaid within three years
D) there is less risk of nonpayment to the lender

Question

Quizplus · Accepted Answer

The Answer of Which of the following is NOT a characteristic of short-term financing?
A) the amounts are usually smaller than obtained through long-term sources
B) it is easier to obtain than long-term financing
C) it must be repaid within three years
D) there is less risk of nonpayment to the lender

Which of the Following Is NOT a Characteristic of Short-Term