Martin needs a loan to finance the development and construction of his new hotel. This project has a fixed completion date and requires a specific dollar amount. The best type of loan financing for this investment is a:

b. term loan

Explanation:

Based on the scenario being described within the question it can be said that the best type of loan financing for this investment is a term loan. This is a type of loan in which the individual repays in regular pre-set payments over a specific pre-set period of time. Since the project has a fixed amount and date, then this would be the best option since payments can be spread across the months leading up to the due date.

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.