Which statement is false regarding consumer loans?
A) Consumer loans are usually used for bigger purchases.
B) Consumer loans can range from open credit to credit cards.
C) Consumer loans are sometimes called "planned borrowing."
D) Consumer loans can range from single-payment loans to installment loans.
Answer: B
You might also like to view...
Describe and contrast the test data method with the integrated test facility
Consumers rely less on price to judge the quality of a product when they ________
A) lack information about the product B) are unable to research the product C) have prior experience with the product D) are unable to judge the quality of the product E) rely on cues from sellers to differentiate a high or low price
When using books for research, an online catalog will allow you to conduct a key word search to ensure the book is timely and relevant
Indicate whether the statement is true or false.
The idea of studying how to apply marketing concepts and tools to nonprofit organizations was developed during which time frame?
a. The late 1950's and early 1960's b. The late 1960's and early 1970's c. The mid 1970's d. The late 1970's and early 1980's e. The late 1980's