Kate buys a share of Google.Google uses the funds raised from selling its stock to expand its operations into Asia.This is an example of:

Question

Quizplus · Accepted Answer

Direct finance involves the transfer of funds directly from savers to borrowers. In this scenario, Kate bought a share of Google's stock, which means she directly invested her funds in the company. The money raised from selling the stock is then used by Google for its expansion, making it an example of direct finance.

Kate Buys a Share of Google