Which of the Following Statements Is NOT a Feature of Finance

question 35

Multiple Choice

Which of the following statements is NOT a feature of finance companies?

• A) Finance companies came into existence in response to regulations on interest rates.
• B) Finance companies sell unsecured notes and use the funds to make loans to borrowers.
• C) The majority of finance companies' funds are sourced from banks.
• D) Today the banks own many large finance companies.

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Definitions:

Reddened Area

A patch of skin that appears red due to inflammation, irritation, or the presence of an underlying condition.

Inconclusive

Not leading to a firm conclusion or definitive result; leaving questions unanswered.

Pursed-Lip Breathing

A breathing technique that involves breathing in through the nose and out through tightly pressed (pursed) lips to improve breath control.

Emphysema

A long-term, progressive disease of the lungs that primarily causes shortness of breath due to over-inflation of the air sacs (alveoli).