Understanding Loan Conversations

Sheldon Lee Cooper, a nine-year-old, calls the First National Bank to speak with a loan officer about obtaining a second mortgage to buy a computer. Despite his age, he is serious about the financial planning and negotiation process. During the call, he is interrupted by his mother, but he continues to negotiate with the loan officer, Dorothy Fitzpatrick, explaining his financial strategy and the need for the loan.

What is the main reason Sheldon contacts the First National Bank?

• To inquire about a second mortgage

• To close an existing account

• To report a lost credit card

• To open a savings account

How does Sheldon respond when asked about his age?

• He ignores the question

• He lies about his age

• He accuses the bank of age discrimination

• He changes the topic

What does Sheldon intend to purchase with the loan?

• A bicycle

• A new car

• A vacation package

• A computer

What does Sheldon claim to do for his parents?

• Cook meals

• Manage their investments

• Prepare taxes

• Clean the house

Who interrupts Sheldon's conversation with the bank?

• His friend

• His teacher

• His father

• His mother

Who is Dorothy Fitzpatrick in the context of the conversation?

• A school teacher

• A family friend

• Sheldon's classmate

• A bank loan officer