Q199
Financial intermediaries that make loans available and accept long term and short term debts for funding are considered as
A.
activity institutions
B.
investment companies
C.
mortgage companies
D.
finance companies
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Financial intermediaries that make loans available and accept long term and short term debts for funding are considered as finance companies. Finance companies make it easier for businesses as well as individuals to take care of their money needs.