Question
Which of the following is an example of direct finance?
a. An individual applies for a mortgage through a mortgage bank.
b. An individual deposits funds into a savings account at his credit union.
c. A small business opens a line of credit from a commercial bank.
d. A company sells its stocks to investors.
a. An individual applies for a mortgage through a mortgage bank.
b. An individual deposits funds into a savings account at his credit union.
c. A small business opens a line of credit from a commercial bank.
d. A company sells its stocks to investors.
Answers
Answered by
GPT 3.5
d. A company sells its stocks to investors.
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