Examlex
A Borda count is used to decide an election between three candidates, x, y, and z, where a score of 1 is awarded to a first choice, 2 to a second choice, and 3 to a third choice.There are 25 voters.3 voters rank the candidates x first, y second, and z third; 10 voters rank the candidates x first, z second, and y third; 6 rank the candidates z first, y second, and x third; and 6 voters rank the candidates y first, z second, and x third.Which candidate wins?
Commercial Loan
A debt-based financial agreement between a business and a financial institution, used for funding major capital expenditures or operational costs.
Money Market Mutual Funds
Money Market Mutual Funds are investment funds that invest in short-term debt securities and aim to provide returns with minimal risk.
Indirect Finance
Indirect finance occurs when borrowers and lenders exchange funds through an intermediary, usually a bank or financial institution, rather than directly between themselves.
Articles of Incorporation
A document that establishes a corporation's existence, filed with a government body in the country or state of incorporation.
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