asked 168k views
15 votes
Which of the folloiwng is an example of direct finance?

A) an individual applies for a mortgage through a mortgage bank

B) a muncicipality sells muncipal bonds to investors

C) an individual deposits funds into a savings account at his credit union

D) a small business opens a line of credit form a commerical bank

asked
User Olahell
by
8.1k points

2 Answers

7 votes

Answer:

B.

Step-by-step explanation:

Just took the test.

answered
User Vidha
by
8.7k points
11 votes

Answer:

i believe the answer is B) a muncicpiallity sells muncipal bonds to investors.

Step-by-step explanation:

I hope this is correct and it helps you!

-Justin:)

answered
User Brian Destura
by
8.2k points
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