Multiple Choice
In time-sales finance,what do dealers do when they cannot themselves finance installments or conditional sales contracts on a purchased equipment?
A) They can stall the purchase until they find means for financing.
B) They sell it off in the market for a lower price.
C) They take loans to cover their financial purposes.
D) They sell and assign the installment contract to a bank.
Correct Answer:
Verified
Correct Answer:
Verified
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