A short-term loan that provides funding until a longer-term loan can be secured is called a(n)
A) bridge loan.
B) gap loan.
C) straddle loan.
D) amortized loan.
Answer: A
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In Ziva Jewelry v. Car Wash Headquarters, when a jewelry salesman left his car at a carwash, it was stolen with over $850,000 of jewelry hidden inside. When the jeweler sued the carwash, what was the result?
A. The carwash was not liable because it could not have expected it was taking responsibility for over $850,000 worth of jewelry when it accepted the salesman's vehicle. B. The carwash was liable for the stolen jewelry because a bailment was formed. C. The carwash was not liable for the stolen jewelry because there was no bailment formed. D. The carwash was liable because it took responsibility for the jewelry when it accepted the vehicle for service.
Although disability benefits traditionally were divided into salary continuation, short-term disability, and long-term disability, combined disability management programs now merge all three.
Answer the following statement true (T) or false (F)
Which of the following is true of the five stages in marketing evolution?
A. Most firms operate in the production era. B. In the marketing department era, firms do both short-run and long-run planning. C. The first era to evolve was the sales era. D. In the marketing company era, firms do short-run planning only. E. None of these answers is correct.
Government regulates business by means of antitrust laws that seek to promote competition among businesses
Indicate whether the statement is true or false