Consumer title loans, made in exchange for title to a car if the borrower defaults, are also called predatory loans and are illegal per se
Indicate whether the statement is true or false
False
You might also like to view...
Which of the following is true of business markets?
A) Buyers are usually not skilled at comparing competitive product offerings. B) Buyers have limited purchasing power. C) Property rights, language, culture, and local laws are the most important concerns. D) Products sold in such markets are usually highly standardized. E) Business buyers purchase goods to make or resell a product to others at a profit.
Which of the following documents is sent to the vendor (seller) of goods?
a. Purchase requisition b. Purchase order c. Receiving report d. Invoice
Web-based scorecards are referred to as:
a. Snippets b. Dashboards c. Sparklines d. Visual controls
Funds borrowed on a life insurance policy are shown on the balance sheet as
A) a current liability. B) a noncurrent liability. C) an offset to the value of the stock. D) an offset to net worth.