Which of the following is true?
A) Repossession is the process whereby a lender takes back the assets used to secure a loan.
B) A sales finance company makes loans to consumers so that they can purchase a product from a particular manufacturer or retailer
C) Consumer finance companies offer personal loans to consumers to purchase or lease motor vehicles, mobile homes, furniture, and appliances.
D) All of the above are true.
Correct Answer:
Verified
Q18: Lease payments on a vehicle are often
Q19: Finance companies that specialize in the purchase
Q20: PBGC insures
A) all pension plans.
B) defined benefit
Q21: Which of the following is true?
A) Finance
Q22: Which of the following intermediaries is most
Q24: A 401 (k) Plan
A) is designed to
Q25: Which of the following is false?
A) Pension
Q26: Which of the following is a reason
Q27: Plans that assist small businesses to offer
Q28: Tax-advantaged savings accounts administered by banks and
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