Homework Clinic
Social Science Clinic => Business => Topic started by: krabuske on May 9, 2022
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Question 1
Long-term loans on real estate are called mortgages.
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Question 2
Most trading in the bond market occurs over the counter and takes place outside organized exchanges.
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Answer 1
true
Long-term loans on real estate are called mortgages. Such loans can provide substantial capital to businesses.
Answer 2
true
The bond market is the collective buying and selling of bonds; most bond trading is done over the counter, rather than in organized exchanges.