A contract that is negotiated directly with a bank and under which the borrower agrees to make a series of interest and principal payments to the bank on specific dates is called:?

A. ?preferred stock.
B. ?commercial paper.
C. ?convertible debt.
D. ?a term loan.
E. ?a bond issue.


Answer: D

Business

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

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A) there are more corporations than sole proprietorships. B) there are more corporations than partnerships. C) there are more sales of goods and services by corporations than any other business forms. D) corporations provide more donations to the economy than other business forms due to the many tax incentives geared toward corporations.

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Indicate whether the statement is true or false.

Business