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30-01-2020
Business

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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 ________.

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agustinsr99 agustinsr99

01-02-2020

Answer: The correct answer is "financial intermediary".

Explanation: In this case, Monfax is an example of a financial intermediary.

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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