The Principal Source of Short-Term Loans for Business Firms Is

question 127

Multiple Choice

The principal source of short-term loans for business firms is

• A) contractual savings institutions.
• B) trust companies.
• C) chartered banks.
• D) investment companies.
• E) loans from relatives of the owners.

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Definitions:

1° Amine

Primary amine, an organic compound featuring a basic nitrogen atom with one alkyl or aryl group.

Sulfonamide

A functional group or compound containing the sulfonamide group, which is -SO2NH2, used in many drugs.

Hofmann Elimination

A chemical reaction where an amine is treated with an excess of a halogen compound to yield an alkene.

E2 Pathway

A type of bimolecular elimination reaction mechanism where a substrate undergoes deprotonation by a base, leading to the formation of a double bond and the loss of a leaving group in a single step.