Which type of loan is also referred to as an interest only loan or term loan?

A) Blanket
B) Construction
C) Straight
D) Partially amortized

Answer: C) Straight

Business

You might also like to view...

The unauthorized making, using, or selling of a patented invention during the term of the patent is called:

a. patent infringement b. injunction c. intellectual property d. copyright infringement

Business

All personal property is part of the real estate transaction and will transfer with the deed.

a. true b. false

Business