Rex Associates Has a Poor Credit Rating and Is Finding

Multiple Choice

Rex Associates has a poor credit rating and is finding it difficult to obtain loans.In order to fund a new project,the company decides to let out one of its buildings to a bank.The company obtains funds in return from the bank.This is an example of ________.

A) unsecured lending
B) factoring
C) leasing
D) long-term lending
E) short-term lending