The Primary Assets of a Finance Company Are

question 94

Multiple Choice

The primary assets of a finance company are

• A)municipal bonds.
• B)corporate stocks and bonds.
• C)consumer and business loans.
• D)mortgages.

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Definitions:

Contractual Right

A legal entitlement derived from a contract that allows one party to demand a particular action or outcome from another party.

Reliable Measurement

The degree to which information is consistently accurate and dependable, providing a true representation of a financial situation.

Original Investigation

A detailed study or research conducted for the first time to gain new knowledge or insights.

New Knowledge

Information or insights gained that were previously unknown, contributing to the understanding or development of a subject area or field.