Multiple Choice
Which of the following statements is NOT a feature of finance companies?
A) Finance companies came into existence in response to regulations on interest rates.
B) Finance companies sell unsecured notes and use the funds to make loans to borrowers.
C) The majority of finance companies' funds are sourced from banks.
D) Today the banks own many large finance companies.
Correct Answer:
Verified
Correct Answer:
Verified
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