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A business loan with a maturity longer than one year is a:

ATrust loan
BTrade loan
CTerm loan
DTrial loan
Answer & Solution
Correct answer: C. Term loan
1. It may be secured or unsecured. 2. The maturity is what marks it. 3. It is a term loan. _Source: OpenStax Introduction to Business, Chapter 16, Understanding Financial Management and Securities Markets._
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