Test 11- Multiple Choice: Write the correct answer on the space provided before the number. 11. These loans are not less than 30 percent of the appraised value of the collateral offered and each loan is usually good for 90 loans. a. Pawnshop loan b. Long-term loans c. Short-term loans d. all of the above 12. It is a common type of loan that requires a collateral. a. Pawnshop loans b. short-term loans c. long-term loans d. Credit loans 13. This is an indirect sources of funds where suppliers extend terms to customers. a. Trade credits b. Pawnshop loans c. short-term loans d. Credit line facility 14. It is payable for more than one year. a. Long-term loans b. short-term loans c. Trade loans d. pawnshop loans 15. It is usually payable within one year and are normally self- liquidating. a. Short-term loans b. Trade loans c. pawnshop loans d. long-term loans 16. These are composed of people or institution that help finance the improvement of the real estate properties. a. Mortgage bankers b. Finance companies c. Credit Unions d. Special lending program 17. These companies provide various forms of financing for almost of company needs. a. Finance Companies b. Savings and loan associations c. Credit unions d. all of the above 18. These agencies provide financial assistance to small entrepreneurs to uplift their financial status. a. Special leading program b. Credit unions c. Savings loan d. finance companies 19. It brings together the money source and the person who needs the funds. a. Mortgage bankers b. special Leading program c. Credit unions d. finance companies muide secured loans and cater to the needs of companies whose loans have been rejected by​