Equipment trust certificates are used mainly by ______.
A) equipment manufacturers
B) oil drilling companies
C) state governments
D) railroad and trucking companies

Name: Equipment trust certificates are used mainly by ______. A) equipment manufacturers B) oil drilling companies C) state governments D) railroad and trucking companies
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Question

Quizplus · Accepted Answer

Equipment trust certificates are primarily used by railroad and trucking companies to finance purchases of equipment such as locomotives, railcars, and trucks.

Equipment Trust Certificates Are Used Mainly by ______