Which of the Following Is Not an Advantage of a Term

question 105

Multiple Choice

Which of the following is not an advantage of a term loan over public debt offerings?

• A) speed
• B) low issuance costs
• C) significantly lower interest rates
• D) flexibility

---

Definitions:

Ability

The possession of the means or skill to perform a task or action.

Metaphor

A rhetorical device where a word or phrase is attributed to an object or action that doesn't literally apply to it.

Powerhouse

An entity, organization, or person possessing great energy, strength, or potential to influence.

Connotations

The associated or secondary meaning of a word or expression in addition to its explicit or primary meaning.