What is a short-term loan where borrowers use their car title as collateral? If they do not repay, the lender can take possession of the car and sell it to meet the debt obligation.
A) Credit
B) Debt
C) Equity
D) Car Title Loan
E) Consumer Loan
D) Car Title Loan
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The letter E, in the CAMELS rating system, which is used to assess the health of the banks, represents the _____ for a bank.
A. elasticity of demand. B. equal opportunity compliance. C. earnings. D. elements of risk.
The Post. Ref. column in the general ledger shows that an amount has been posted when which of the following is placed in it?
a. The journal page number b. An X c. A check mark d. The account number
The saddle point in a payoff matrix is always the
A) largest number in its column and the largest number in its row. B) largest number in its column and the smallest number in its row. C) smallest number in its column and the largest number in its row. D) smallest number in its column and the smallest number in its row. E) None of the above
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