Which of the Following Statements Is NOT Correct

question 6

Multiple Choice

Which of the following statements is NOT correct?

• A)A manufacturing company purchasing new production equipment could finance it through a bank long-term asset loan.
• B)The feature that allows a transaction account to go into a negative balance is called a line of credit facility.
• C)Mortgage loans are secured by the real estate they finance.
• D)Individuals who want to purchase a car or a computer could finance them with a personal loan.

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Definitions:

Reproductive Success

The passing of genes onto the next generation in a way that they too can pass those genes on, a crucial component of natural selection and evolutionary fitness.

Direct Food Benefit

Direct Food Benefit refers to the immediate advantage obtained from consuming food, including nutritional intake necessary for survival, growth, and health maintenance.

Sexual Cannibalism

A behavior in which one mating partner (typically the female) consumes the other after or during mating.

Spermatophore

A capsule or mass created by males of various species containing sperm cells that is transferred to the female's reproductive tract.