A few days ago
Anonymous

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
sean m

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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