The Most Widely Used Source of Short-Term Funding Is

question 51

Multiple Choice

The most widely used source of short-term funding is:

• A)trade credit.
• B)commercial finance companies.
• C)factoring.
• D)line of credit.

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Definitions:

Equilibrium Quantity

The quantity of goods or services supplied that equals the quantity demanded at the market equilibrium price.

Shortage

A situation where the demand for a product exceeds its supply in a market, often leading to increased prices.

Excess Supply

A market condition where the quantity of a good or service supplied exceeds the quantity demanded at a particular price, often leading to price decreases.

Black Market

An illegal trading environment where goods or services are bought and sold without government authorization or oversight.