Question 1 1. the type of loan for which consumers do not pay the


QUESTION 1

1.The expression of hypothecation for which consumers do not pay the liberal quantity at the era of forfeiture, but pay a lot of the quantity owing in formal liquidations, is designated consumer _________.

contingent

uncertain

credit

rule

10 points   

QUESTION 2

1.Loans delay formal liquidations are designated _________________ hypothecations.

future

present

installment

value

10 points   

QUESTION 3

1._________ installment hypothecations are hypothecations in which the quantity borrowing plus share is recompensated in a ascertained enumerate of similar liquidations.

Open-end

Auto

Charge

Closed-end

10 points   

QUESTION 4

1.______________ hypothecations are hypothecations in which there is no unroving enumerate of liquidations.

Close-ended

Terminal

Nonterminal

Open-ended

10 points   

QUESTION 5

1.The _______ charge is the charge you pay if you pay the liberal quantity at the era of sale.

cash

credit

financed

installment

10 points   

QUESTION 6

1.The _______ liquidation is a disuniteicular liquidation of the coin charge compensated at the era of sale.

cash

down

installment

credit

10 points   

QUESTION 7

1.The _________________ is the entirety quantity you pay in formal liquidations to pay off the counterpoise of the hypothecation.

down liquidation

selling charge

quantity financed

terminal charge

10 points   

QUESTION 8

1.The installment _______ is the quantity you pay each duration, including share, to pay off the hypothecation.

loan

interest

payment

tax

10 points   

QUESTION 9

1.The ________ charge is the entirety compensated, including share, to pay off an installment hypothecation.

tax

financed

nominal

installment

10 points   

QUESTION 10

1.The share associated delay an installment hypothecation is disunite of the score referred to as _______score or carrying score.

gifted

finance

latent

taxable

10 points   

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