three important forms of long-term (capital) expenditures are: group of answer choices a. accounts payable, notes payable, and commercial paper b. treasury bills, certificates of deposit, and accounts payable c. trade credit, accounts payable, and bank loans d. trade credit, bank loans, and commercial paper e. term loans, mortgage loans, and bonds



Answer :

Three important forms of long-term (capital) expenditures are term loans, mortgage loans, and bonds.

A mortgage or genuinely mortgage, in civil regulation jurisdictions known additionally as a hypothec loan, is a loan used every thru customers of actual assets to raise charge variety to buy real belongings, or through current belongings proprietors to raise price range for any cause on the identical time as setting a lien at the belongings being mortgaged.

The mortgage is "secured" at the borrower's property via a way called loan origination. because of this a jail mechanism is positioned into a location that allows the lender to take possession and sell the secured belongings ("foreclosures" or "repossession") to pay off the loan within the occasion the borrower defaults at the mortgage or in any other case fails to abide via its terms.

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