If a Company Secures a Three Year Bank Loan,it Is

question 78

Multiple Choice

If a company secures a three year bank loan,it is considered __________.

• A)short-term financing
• B)asset funding
• C)liability funding
• D)long-term financing

---

Definitions:

The Wealth of Nations

A seminal book by Adam Smith that lays out the basics of classical economics and free-market mechanisms.

Principle of Economics

Fundamental concepts or guidelines that underlie the study of economics, including theories about how markets operate, how people make decisions, and how resources are allocated.

Landscaper

A professional who designs, maintains, and transforms outdoor spaces including gardens, lawns, and other green areas to enhance aesthetic appearance and functionality.

Accomplished Actress

An accomplished actress is someone who has gained significant recognition and success in her acting career, demonstrated through her skills, performances, and accolades.