Kendrick wants to start a tax preparation company and is going to his bank to borrow $50,000. This is an example of

A) direct finance.
B) indirect finance.
C) a primary market transaction.
D) a secondary market transaction.

Answer: B

Economics

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All of the following are characteristics of a proprietorship EXCEPT

A) the business is owned by one individual. B) one person is responsible for all the debts of the firm. C) one person gets all of the profits. D) the firm can form a corporation to protect itself against the debts.

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Discuss the differences between Keynesian and supply-side fiscal policies

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