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Telstra issues shares to Mr Strachan, in order to build a new communication tower. Which of the following statements is correct? A. The process is
Telstra issues shares to Mr Strachan, in order to build a new communication tower.
Which of the following statements is correct?
A. | The process is unambiguously indirect finance. | |
B. | The process is direct finance only if Mr Strachan and Telstra are depositors at the same bank. | |
C. | The process is direct finance if Mr Strachan has bought the shares with the part of his wage that he has not spent on consumption and real assets. | |
D. | The process is direct finance if Mr Strachan did not borrow the money used for the purchase of the shares. | |
E. | Both C and D are correct. |
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