Examveda
Examveda

Money lends to corporations by banks is classified as

A. Eurodollar market deposits

B. commercial loans

C. consumer credit loans

D. consumer credit loans

Answer: Option B

Solution(By Examveda Team)

Money lends to corporations by banks is classified as commercial loans. A commercial loan is a debt-based funding arrangement between a business and a financial institution such as a bank.

This Question Belongs to Commerce >> Financial Management

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