Which of the following is true?
A) Finance companies are depository institutions that lend funds to households to finance consumer purchases.
B) Finance companies lend funds to firms to finance accounts receivables, inventories, and to purchase machinery.
C) Finance companies lend to governments for short periods until tax receipts come in.
D) All of the above are true.
Correct Answer:
Verified
Q16: Finance companies engage in all of the
Q17: Automobile dealer often finance their inventories of
Q18: Lease payments on a vehicle are often
Q19: Finance companies that specialize in the purchase
Q20: PBGC insures
A) all pension plans.
B) defined benefit
Q22: Which of the following intermediaries is most
Q23: Which of the following is true?
A) Repossession
Q24: A 401 (k) Plan
A) is designed to
Q25: Which of the following is false?
A) Pension
Q26: Which of the following is a reason
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