Aggregate Finance Company Profitability Was Poor in the Late 2000s

question 7

Multiple Choice

Aggregate finance company profitability was poor in the late 2000s primarily due to which segment of the finance company industry?

• A)Business factoring
• B)Equipment loans
• C)Equipment leasing
• D)Securitization of auto loans
• E)Subprime lending

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Definitions:

Real Estate

Property consisting of land or buildings, as well as the rights of use and enjoyment of that land or property.

Partnership Property

Assets or property acquired by a partnership, owned collectively by the partners, and used for the purpose of the partnership's business.

Secretary of State

A high-ranking official in the government responsible for conducting foreign affairs, and in some states, overseeing the electoral process and maintaining public records.

Gross Returns

The total amount of financial return on an investment before any deductions, such as expenses or taxes.