All of the Following Constituted Significant Parts of the Medieval

question 51

Multiple Choice

All of the following constituted significant parts of the medieval social order except

• A)peasants.
• B)slaves.
• C)clergy.
• D)nobility.

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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.