Finance Firms Provide Loans Directly to Consumers and Businesses, as Well

question 74

True/False

Finance firms provide loans directly to consumers and businesses, as well as help borrowers obtain mortgage loans on real property.

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Definitions:

Esteem Needs

Psychological requirements for respect, self-esteem, and recognition, as part of Maslow's hierarchy of needs.

Affiliation Needs

The human desire to belong to a group, be accepted, and maintain relationships with others, driving social interactions.

Security Needs

Basic human requirements for safety and stability, including physical safety, employment, resources, health, and property, as essential for well-being.

Physiological Needs

Basic human necessities required for survival, such as food, water, shelter, and sleep; the foundational level in Maslow's hierarchy of needs.