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Small Business Management Study Set 1
Quiz 9: Small Business Finance
Floor Planning Is a Special Type of a Loan Used
Question 22
True False
Floor planning is a special type of a loan used for financing high-priced inventory like new cars and trucks.
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Related questions
Q 23
If a small business uses its receivables as collateral for a loan in the process known as pledging, the finance company will collect the accounts receivable.
Q 24
Factoring has historically been viewed as one of the most desirable approaches to financing.
Q 25
Term insurance policies have no borrowing capacity.
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