Which of the following sources of capital to a business requires mortgaging specific assets?

by Sunday | May 31 | Commerce WAEC | 0 comments

A. overdraft
B. ordinary shares
C. fixed debenture
D. trade credit

Correct Answer: Option D

D. trade credit

Users Also Read These:

Recent Posts

Products

Halliday's Functions of Language Original price was: ₦1,000.00.Current price is: ₦300.00.
Functions of English in Nigeria Original price was: ₦1,000.00.Current price is: ₦300.00.
Innatist Theory and Mentalist Thought Original price was: ₦1,000.00.Current price is: ₦300.00.
Language Acquisition and Learning Original price was: ₦1,000.00.Current price is: ₦300.00.
Lesson Plan for SS2 Students Original price was: ₦1,000.00.Current price is: ₦300.00.

Product categories

Earn Your Degree In 3 Years Without Writing UTME. Click Here To Learn More.