Choose the Word or Phrase in [ ] Which Will

question 133

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Almost half of all consumer loans are made by [commercial banks | finance companies].

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Definitions:

Intangible Assets

Non-physical assets that have value due to the rights or information they hold, such as patents, trademarks, and goodwill.

Patent

A government-granted exclusive right to an inventor, allowing them to protect their invention from being made, used, or sold by others for a certain period.

Amortized

The process of gradually reducing the cost or value of an asset, or the repayment of a debt over a period of time, through regular payments.

Patents

Patents are government grants that give inventors exclusive rights to their inventions, preventing others from making, using, or selling the invention for a certain period.