Financing Company Act of 1998 Quiz

To regulate and promote their activities (correct)

To ignore their role in providing credit

To eliminate all financing and leasing companies

To encourage prejudicial acts and practices

Republic Act No. 1998

Republic Act No. 8556 (correct)

Republic Act No. 8556-5980

Republic Act No. 5980

Providing credit only for large enterprises

Providing medium and long-term credit for investments (correct)

Providing credit for personal use

Providing short-term credit for investments

<p>To place their operations on a sound, competitive, stable and efficient basis</p> Signup and view all the answers

<p>Small and medium enterprises in the countryside</p> Signup and view all the answers