Which of the Following Offer the Least Expensive Loan

question 109

Multiple Choice

Which of the following offer the least expensive loan?

• A)finance companies
• B)banks
• C)savings and loan associations
• D)parents or family members
• E)loan sharks

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Definitions:

Utilities

Services provided to the public, including water, electricity, natural gas, sewage, and telecommunications, often considered essential.

Indirect

Relates to costs or expenses that are not directly tied to a specific product or service but are necessary for the business to operate.

Salespersons' Salaries

Fixed or variable payments made to sales staff, usually composed of a base salary and possibly commissions based on sales performance.

Indirect

Costs that are not directly traceable to a product, activity, or project, often called overhead.