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

Question

Quizplus · Accepted Answer

Equipment trust certificates are usually used by trucking companies to finance the purchase of vehicles and other equipment used in their operations. These certificates offer a secure and low-cost financing option for the companies, with the equipment serving as collateral for the loan.

Equipment Trust Certificates Are Used Mainly by