What is the distinguishing feature of an automobile loan?
What will be an ideal response?
Answer: The automobile is used as collateral and will be repossessed if the borrower defaults on the loan. The duration of these loans is usually very short, often for only 24 to 60 months. Although they can be as long as 72 months. Some lenders offer a very low 3% or less interest rate for this purpose.
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The balanced scorecard ______.
A. is focused only on financial measures B. is useful only for manufacturing organizations C. is used by profit, nonprofit, and governmental organizations worldwide D. was very popular in the 1940s
In _________ sharing, two or more people share one whole job, including the workload and any benefits that are associated with that job.
A. office B. people (or employee) C. position (or labor) D. work (or job) E. engagement
An issuer who plans on raising $1 million or less from the public must answer the questions on Form U-7, which then becomes the offering circular that must be given to prospective investors
Indicate whether the statement is true or false
Which of the following has the highest share of online retail sales?
A. omni-channel merchants B. virtual merchants C. catalog merchants D. manufacturer-direct