Question

Select the financing type for export-import firm that has taken a loan with a repayment contract that has both principal and interest specified on a predetermined date.

a. Short-term

b. Debt

c. Intermediate

d. Debt and Short-term

Answer 1

Answer:

c

Explanation:

Select the financing type for export-import firm that has taken a loan with a repayment contract that has both principal and interest specified on a predetermined date.

a. Short-term

b. Debt

c. Intermediate

d. Debt and Short-term