Many large manufacturing firms have subsidiaries that provide financing for the parent company's customer. These financial institutions are called free investment companies.

Name: Many large manufacturing firms have subsidiaries that provide financing for the parent company's customer. These financial institutions are called free investment companies.
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Question

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The correct term for the financial institutions owned by large manufacturing firms is captive finance companies, not free investment companies.

Many Large Manufacturing Firms Have Subsidiaries That Provide Financing for the Parent