Examlex

Solved

Mark Is Learning About the History of Police

question 40

Multiple Choice

Mark is learning about the history of police. He wants to find out if police were always the way they are now: those who protect the public, serve the community, and attempt to catch criminals. He dives into his history book and finds that the first organized police force was established in 1829.
-In his studies of policing before 1829, Mark learns about what early practice


Definitions:

Lender

An individual, financial institution, or other entity that provides funds to a borrower under the condition of future repayment with interest.

Bank Credit

The amount of credit available to a company or individual from a banking institution.

Short-Term Financing

Refers to the borrowing of funds for a period of less than one year to meet immediate financial needs.

Trust Receipts

Trust receipts are documents issued by banks to borrowers indicating that the bank holds the title to imported goods until the loan is repaid.

Related Questions