Multiple Choice
In the early 1900s,banks did not offer loans to purchase automobiles.This is because
A) banks could not make a profit on car loans.
B) only finance companies were permitted to offer car loans.
C) banks could not repossess a car if the loan defaulted.
D) banks did not view a car as a productive asset.
Correct Answer:

Verified
Correct Answer:
Verified
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