Which of the Following Is not an Example of Debt

question 10

Multiple Choice

Which of the following is not an example of debt financing?

• A) Borrowing money from a bank pursuant to a loan agreement
• B) Borrowing money from a credit union pursuant to a loan agreement
• C) Selling personal property pursuant to a loan agreement
• D) Selling preferred shares pursuant to a loan agreement

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Definitions:

Probability

An indicator of how probable an event is to happen, represented by a numerical value ranging from 0 to 1.

Probability

The likelihood or chance that a particular event will happen, quantifiable as a value between zero (impossible) and one (certain).

Independent

Pertains to variables or events that are not influenced or affected by each other.

P(A ∪ B)

The likelihood that either event A or event B, or both, will happen.