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Question
Which of the following is traditionally the major type of consumer loans for finance companies?
A. Revolving loans.
B. Motor vehicle loans and leases.
C. Wholesale loans.
D. Equipment leases.
E. Home equity loans.
Answer
This answer is hidden. It contains 1 characters.
Related questions
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The McCarran-Ferguson Act of 1945
A. separated commercial banking from insurance activities.
B. mandated federal insurance company charters.
C. stipulated that insurance companies are to be regulated at the state level.
D. initiated a national insurance guaranty fund.
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A. Position trading.
B. Pure arbitrage.
C. Liquidity trading.
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A. has publicly-traded common stock.
B. provides equity funds to companies that already have publicly traded common stock.
C. is a subsidiary of a nonfinancial corporation.
D. provides debt funding to only to established corporations.
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Which of the following would be a key area of activity for an investment bank specializing in the commercial side of the business?
A. Purchase of existing securities.
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It is impossible for an individual to be approved for a finance company loan with a bankruptcy on their record.
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Traditionally, motor vehicle loans and leases are the largest category of consumer loans for finance companies.
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Finance companies are subject to regulations that restrict the types of products and services they can offer to small business customers.