Which of the Following Statements Is FALSE

question 12

Multiple Choice

Which of the following statements is FALSE?

• A)Bank loans are typically initiated with a promissory note,which is a written statement that indicates the amount of the loan,the date payment is due,and the interest rate.
• B)The most straightforward type of bank loan is a single,end-of-period-payment loan.
• C)With a fixed interest rate,the specific rate that the bank will charge is stipulated at the time the loan is made.
• D)One of the primary sources of short-term financing,especially for small businesses,is the investment bank.

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Definitions:

Positive Message

Communication that focuses on affirmative information or feedback, intended to encourage or uplift the recipient.

Positive Message

Communication that conveys good news, optimism, or any positive information to the receiver.

Transmission

The act of sending or conveying something from one person, place, or thing to another.

Information

Data, facts, or details obtained through research, experience, or instruction, which can be analyzed or used to make decisions.