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jjolivette jjolivette
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Posts: 850
6 years ago
Which of the following is correct with respect to long-term loans?
A) The time frame of the loan may be difficult to match with the borrower's needs.
B) Businesses try to avoid them whenever possible because banks charge high interest rates.
C) Large borrowers may have trouble finding lenders to supply enough funds.
D) Once a loan's terms are set, they cannot be changed until all the money is paid back.
E) Loans are difficult to arrange quickly.
Textbook 
Business Essentials, Canadian Edition

Business Essentials, Canadian Edition


Edition: 8th
Authors:
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RoBoCoP_96RoBoCoP_96
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Posts: 748
6 years ago
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jjolivette Author
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6 years ago
You make an excellent tutor!
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This calls for a celebration Person Raising Both Hands in Celebration
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Thank you, thank you, thank you!
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