Question

Which of the following most accurately describes direct finance?

A buyer has a critical piece of information that directly affects the seller.

The lenders and borrowers come together in a market setting.

A seller has a critical piece of information that immediately affects the transaction.

Answer 1

Answer: number 3 A seller has a critical piece of information that immediately affects the transaction.

Step-by-step explanation:

Answer 2

Step-by-step explanation:

All costs are borne by the borrower in this case. the lender or the borrower indicates that it wishes the funds to be returned within a short period of time.

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