What does a bank use as security for a loan?

Personal Finance Unit Test

Quiz
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others
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Hard
David McLeod
Used 4+ times
FREE Resource
48 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 3 pts
A promise to pay back the loan
A higher interest rate for risky loans
An asset that the bank can claim if the loan is unpaid
A deposit greater than the loan amount
2.
MULTIPLE CHOICE QUESTION
30 sec • 3 pts
3.
MULTIPLE CHOICE QUESTION
30 sec • 3 pts
4.
MULTIPLE CHOICE QUESTION
30 sec • 3 pts
5.
MULTIPLE CHOICE QUESTION
30 sec • 3 pts
6.
MULTIPLE CHOICE QUESTION
30 sec • 3 pts
7.
MULTIPLE CHOICE QUESTION
30 sec • 3 pts
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