Regarding the amount of money borrowed on a loan, all of the following are true except
A) the amount is based on how much the lender believes you can pay back in the future.
B) you should borrow slightly more than you need to cover future inflation.
C) you should only borrow the amount you need.
D) you will have to pay interest on the entire amount.
Answer: B
Business
You might also like to view...
Which two of the following would likely benefit from being presented as a list with bulleting or numbering in a business report
What will be an ideal response?
Business
The basic distinction between advertising and publicity is that _____
a. publicity only deals with print media b. in publicity, the media are not paid c. publicity is nonpersonal d. publicity is regulated by the Robinson-Patman Act
Business