A _____ Is Often a Source of Automobile Financing on Specific

question 68

Multiple Choice

A _____ is often a source of automobile financing on specific models of vehicles.

• A) savings and loan association
• B) credit union
• C) commercial bank
• D) consumer finance company
• E) captive finance company

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Definitions:

Relatively Safe

This term refers to something considered to be safe within a certain context or comparison but not absolutely risk-free.

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically used for the financing of payroll, accounts payable, and inventories.

Raytheon

A major American defense contractor and industrial corporation specializing in weapons, military, and commercial electronics.

Mature

In the context of markets or products, it refers to a stage where growth slows down, characterized by high competition and saturated demand.