Which of the Following Is NOT a Type of Finance

question 15

Multiple Choice

Which of the following is NOT a type of finance company?

• A)Sales finance institutions.
• B)Personal credit institutions.
• C)Business credit institutions.
• D)Captive finance company.
• E)All of these are types of finance companies.

---

Definitions:

State Law

The body of law enacted by the legislative bodies of individual states within the United States, pertaining to the matters within a state's jurisdiction.

Eighth Amendment

Part of the Bill of Rights that prohibits the federal government from imposing excessive bail, excessive fines, or cruel and unusual punishment.

Cruel and Unusual Punishment

A legal doctrine that prohibits inhumane or excessively disproportionate sentences for crimes, as outlined in the Eighth Amendment of the U.S. Constitution.

Judicial Review

The power of courts to assess the constitutionality of laws and government actions, crucial for upholding the rule of law.