Medium term finance

1. In hire purchase agreements the purchaser hires the appliance and pays the finance company for a fixed period of time?
0/12 (0%)
2. Leasing agreement is where the appliance is rented to the lessee for a fixed period of time ?
0/12 (0%)
3. Term loans are loans over a fixed time period accruing interest?
0/12 (0%)
4. A long term loan paid with one fixed lump sum is is also called a ______________?
0/12 (0%)

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