A few days ago
Finance Question!?
Badbury, after some optimistic profit forecasts, has decided to take out a loan with the local ABC bank to finance the purchase of a new development project.
a)Under the intermediated finance system, Badbury would be classified as a:
user of funds Or supplier of funds
b)The ABC bank in this case [receives?/issues?] funds and [receives?/issues?] a financial instrument.
Top 1 Answers
A few days ago
Favorite Answer
badbury is the user of the funds and abc issues funds and recieves a financial instrument( in terms of deeds or any type of collateral)
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