Multiple Choice
The Third National Bank of Wichita makes a loan so that Tim Bridges can buy 1,000 shares of Coca Cola stock.Which category of loans would this loan fit in best?
A) Financial institution loan
B) Commercial and industrial loan
C) Loan to an individual
D) Miscellaneous loan
E) Lease financing receivables
Correct Answer:
Verified
Correct Answer:
Verified
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