Solved

Jose Is Starting a Mexican Restaurant

Question 56

Multiple Choice

Jose is starting a Mexican restaurant.He plans to borrow money to buy a building to house the restaurant.Which of the following will Jose most likely use to finance the building?


A) Short-term bank loan
B) Unsecured long-term bank loan
C) Secured long-term bank loan
D) Line of credit

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions