Which of the Following Statements Is FALSE

question 9

Multiple Choice

Which of the following statements is FALSE?

• A)With a discount loan,the borrower is required to pay the interest at the end of the loan period.
• B)Bridge loans are often quoted as discount loans with fixed interest rates.
• C)A bridge loan is another type of short-term bank loan that is often used to "bridge the gap" until a firm can arrange for long-term financing.
• D)After a natural disaster,lenders may provide businesses with short-term loans to serve as bridges until they receive insurance payments or long-term disaster relief.

---

Definitions:

Defined-contribution Plans

A type of retirement plan where an employer, employee, or both make contributions on a regular basis, but future benefits depend on the investment's performance.

Employee Compensation

The total amount of monetary and non-monetary pay provided to an employee by an employer in return for work performed.

Nature of Benefits

The inherent advantages or positive outcomes that come from certain actions, policies, or products.

Family-friendly Benefits

Workplace policies that accommodate employees' needs for child care, parental leave, and other family-related matters.