Which of the following statements is FALSE?
A) Bank loans are typically initiated with a promissory note, which is a written statement that indicates the amount of the loan, the date payment is due, and the interest rate.
B) The most straightforward type of bank loan is a single, end-of-period-payment loan.
C) With a fixed interest rate, the specific rate that the bank will charge is stipulated at the time the loan is made.
D) One of the primary sources of short-term financing, especially for small businesses, is the investment bank.
Answer: D
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A. Bureaucratic firms B. Closed-book organizations C. Analyzer firms D. Learning organizations E. Defender firms
Government securities that can be easily converted to cash in the market will have a:
A. low liquidity premium. B. high maturity risk premium. C. high inflation premium. D. low budget risk premium. E. high real risk premium.
Ad agencies usually work jointly with the firms to develop the ad campaigns.
Answer the following statement true (T) or false (F)
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Answer the following statement true (T) or false (F)