Solved

A Single-Payment Loan

Question 84

Multiple Choice

A single-payment loan:


A) is generally unsecured and does not have any collateral.
B) usually matures in one year or less.
C) is usually provided by retailers.
D) is generally used to finance auto purchases.
E) is provided by sales finance companies.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions