How do consumer loans differ between those issued by finance companies and those issued by banks?
A) Loans made by finance companies are often riskier than those issued by banks.
B) Consumer finance companies are typically owned by the manufacturer whose products are being financed.
C) Both A and B of the above are correct.
D) None of the above are correct.
C
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The adjusted cash balance per books on June 30 is
Cash balance per books, 6/30...$4,200 Deposits in transit.........300 Notes receivable and interest collected by bank..........740 Bank charge for check printing........25 Outstanding checks.............1,500 NSF check.........140 a. $5,075. b. $4,940. c. $4,775. d. $5,055.
Which BEST describes an abstract of title?
A. The complete legal description B. An abbreviated description, such as a street address C. A recorded history of title D. An opinion of title