Rex Associates Has a Poor Credit Rating and Is Finding

question 21

Multiple Choice

Rex Associates has a poor credit rating and is finding it difficult to obtain loans.In order to fund a new project,the company decides to let out one of its buildings to a bank.The company obtains funds in return from the bank.This is an example of ________.

• A) unsecured lending
• B) factoring
• C) leasing
• D) long-term lending
• E) short-term lending

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Definitions:

Sentence

A group of words that forms a complete thought, generally including a subject and a verb, that expresses a declaration, inquiry, exclamation, or directive.

Depression

A mental health disorder characterized by persistently depressed mood or loss of interest in activities, causing significant impairment in daily life.

Connotation

The implied or associative meaning of a word or phrase, beyond its literal definition.

Talent

An innate or acquired ability to perform a task or activity with high competence and skill.