Commercial finance companies are lending institutions that make only unsecured loans-both short-term and long-term—to businesses

Indicate whether the statement is true or false


FALSE

Business

You might also like to view...

Which of the following primary sources is excellent in determining competitor sales pitches, pricing, and other aspects of their activity?

A) employees B) sales force and customers C) suppliers D) Internet newsgroup

Business

Answer the following statements true (T) or false (F)

1. When a partner withdraws his or her interest in the partnership, both assets and equity will decrease. 2. If a withdrawing partner receives assets worth more than the book value of his or her equity, the capital accounts of the remaining partners decrease. 3. When a partner withdraws his or her equity for cash, the corresponding capital account will be closed. 4. When a partner dies, the partnership ceases to exist, and the deceased partner's estate will have ownership of the partner's equity in the partnership.

Business

The scope of the presentation will be defined by the key points you want to make

Indicate whether the statement is true or false.

Business

Exchange rates for currency change daily according to the supply and demand for each currency

Indicate whether the statement is true or false

Business