Exercises And Questions for Use With Principles of Money And Banking
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If a bank loans him the money on his promissory note for the purpose, what sort of a loan is it?
42 EXERCISES AND QUESTIONS 10. Armour & Company borrows $10, 000 from Bank Y, giving a personal note as security. Is this a commercial loan ?
11. A bank makes a loan to an individual who uses the money in perfecting an invention on which he hopes to realize a forturie. How would you classify such a loan ?
12. A bank loans money to a man who is a promoter of industrial combinations. How would you cla...ssify this ?
13. What sort of a loan would you call one to a country preacher ? to a new doctor in a small town ?
14. What are "character loans" ?
15. How would you classify a loan made to a broker on the stock exchange ?
1 6. Would you regard a loan to the son of a retired merchant on the basis of his father's good reputation a safe loan ? Would it be wise to make many such loans ? Should collateral be required ?
17. Would it be well to classify such loans as those mentioned in questions 11-16 as either speculative or accommodation rather than commercial or investment loans?
What to read after Exercises And Questions for Use With Principles of Money And Banking?
You can find similar books in the "Read Also" column, or choose other free books by Moulton, Harold Glenn, 1883-1965 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
If a bank loans him the money on his promissory note for the purpose, what sort of a loan is it?
42 EXERCISES AND QUESTIONS 10. Armour & Company borrows $10, 000 from Bank Y, giving a personal note as security. Is this a commercial loan ?
11. A bank makes a loan to an individual who uses the money in perfecting an invention on which he hopes to realize a forturie. How would you classify such a loan ?
12. A bank loans money to a man who is a promoter of industrial combinations. How would you cla...ssify this ?
13. What sort of a loan would you call one to a country preacher ? to a new doctor in a small town ?
14. What are "character loans" ?
15. How would you classify a loan made to a broker on the stock exchange ?
1 6. Would you regard a loan to the son of a retired merchant on the basis of his father's good reputation a safe loan ? Would it be wise to make many such loans ? Should collateral be required ?
17. Would it be well to classify such loans as those mentioned in questions 11-16 as either speculative or accommodation rather than commercial or investment loans?
What to read after Exercises And Questions for Use With Principles of Money And Banking?
You can find similar books in the "Read Also" column, or choose other free books by Moulton, Harold Glenn, 1883-1965 to read onlineMoreLess
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