A company that specializes in making loans to the customers of a particular retailer or manufacturer would best be categorized as a
A) sales finance institution.
B) personal credit institution.
C) business credit institution.
D) lease finance company.
Correct Answer:
Verified
Q43: Factoring involves
A)making loans to customers that depository
Q45: Finance companies have traditionally been subject to
Q51: Finance companies operate more like nonfinancial, nonregulated
Q54: As an industry, finance companies have escaped
Q55: The FDIC allows its member banks to
Q59: Finance companies have enjoyed very high rates
Q60: Which of the following is NOT true?
A)The
Q63: Finance companies charge different rates than do
Q64: Which of the following might lead a
Q82: A person with a history of bad
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents