Which of the following can be described as involving indirect finance? a. People pay premiums to an insurance company b. A corporation issues new shares to people c. People lend money to their friends d. People buy bonds from companies

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
Chapter1: Introduction To Business Activities And Overview Of Financial Statements And The Reporting Process
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Which of the following can be described as involving indirect finance?

a.

People pay premiums to an insurance company

b.

A corporation issues new shares to people

c.

People lend money to their friends

d.

People buy bonds from companies

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