Which of the Following Statements Is FALSE

question 9

Multiple Choice

Which of the following statements is FALSE?

• A)With a discount loan,the borrower is required to pay the interest at the end of the loan period.
• B)Bridge loans are often quoted as discount loans with fixed interest rates.
• C)A bridge loan is another type of short-term bank loan that is often used to "bridge the gap" until a firm can arrange for long-term financing.
• D)After a natural disaster,lenders may provide businesses with short-term loans to serve as bridges until they receive insurance payments or long-term disaster relief.

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Performance Improvement

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The total number of people living in Canada, reflecting a diverse mix of cultures, ethnicities, and languages.

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