Responses
A company sells its stocks to investors.
A company sells its stocks to investors.
An individual deposits funds into a savings account at his credit union.
An individual deposits funds into a savings account at his credit union.
An individual applies for a mortgage through a mortgage bank.
An individual applies for a mortgage through a mortgage bank.
A small business opens a line of credit from a commercial bank.
A small business opens a line of credit from a commercial bank.
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The correct response that represents an example of direct finance is:
A company sells its stocks to investors.
Direct finance involves borrowers seeking funds directly from lenders without intermediaries, such as banks, which is exemplified when a company issues stocks directly to investors.
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