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qwelly [4]
4 years ago
14

Monfax Corporation insures manufacturers, distributors, and consumers against the loss or damage of goods during transportation

after a purchase or sale. In this case, Monfax is an example of a ________.
Business
1 answer:
Anastasy [175]4 years ago
3 0

Answer: The correct answer is "financial intermediary".

Explanation: In this case, Monfax is an example of a <u>financial intermediary.</u>

A financial intermediary is one that helps finance transactions or also the one that insures those interested against any risk associated with the purchase and sale of goods. Some examples are: banks, insurance companies, credit companies, etc.

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6 0
2 years ago
During an economic​ recession, A. the bond demand and supply curves both shift to the left and the equilibrium interest rate usu
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