Which of the Following Would Be Most Commonly Used for Short-Term

question 56

Multiple Choice

Which of the following would be most commonly used for short-term financing?

• A)insurance companies
• B)trade credit
• C)finance companies
• D)leasing companies

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Definitions:

India

A country in South Asia, known for its diverse cultures, languages, and history as one of the world's oldest civilizations.

Modernization Theory

A theory suggesting that societal development occurs in stages, with traditional societies gradually transforming into modern industrialized states through processes like urbanization and literacy.

Conflict Theory

A theoretical framework that views social life as a competition among groups for power and resources, emphasizing inequality and social conflict.

Technological Progress

Technological progress is the advancement in technology that leads to improved tools, machines, processes, and systems, which contribute to an increase in productivity, efficiency, and overall societal welfare.