Multiple Choice
In financing their asset growth, finance companies
A) have relied more on bank loans over time.
B) rely heavily on short-term commercial paper.
C) use less equity capital than commercial banks.
D) do not issue demand deposits, but can issue time deposits.
E) use very small amounts of long-term debt and bonds.
Correct Answer:
Verified
Correct Answer:
Verified
Q19: Over the last 30 years finance companies
Q20: Finance companies have had no significant downturns
Q21: Which of the following might lead a
Q22: Subprime lenders that charge unfairly exorbitant rates
Q23: Personal credit institutions specialize in making equipment
Q25: Which of the following is NOT an
Q26: Home equity loans have<br>A)become less profitable for
Q27: Finance companies have been among the slowest
Q28: Factoring is the process of purchasing accounts
Q29: Factoring involves<br>A)making loans to customers that depository