Multiple Choice
If you borrow money on a single-payment loan and discover that you cannot pay it back when it is due, you should:
A) purchase a credit card.
B) unsecure the loan.
C) pay a prepayment penalty.
D) negotiate a rollover.
E) file for bankruptcy.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q36: INSTRUCTIONS: Choose the word or phrase in
Q37: The _ is commonly used on revolving credit
Q38: _ loans do not have to be
Q39: Calculating interest using the _ will result in
Q40: INSTRUCTIONS: Choose the word or phrase in
Q42: Which of the following is the monthly
Q43: Which of the following statements regarding credit
Q44: Jamil is purchasing a new truck for
Q45: INSTRUCTIONS: Choose the word or phrase in
Q46: Which of the following is a feature