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Trade Credit Involves

Question 44

Multiple Choice

Trade credit involves:


A) no explicit obligation or expectation, on the part of the investors, to be repaid their investment.
B) purchasing supplies or equipment through financing made available by vendors.
C) pledging some assets-such as a home, real estate, machinery, and plant-as collateral.
D) guaranteeing a portion of the loan to partners that include private lenders, microlending institutions, and community development organizations.
E) business plan competitions hosted by colleges and universities or small business associations.

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