A bank loan is a(n) _____ to the borrower and a(n) _____ to the bank.
A) asset; liability
B) asset; asset
C) liability; liability
D) liability; asset
Correct Answer:
Verified
Q185: Which item is a requirement to pay
Q186: Which item is a tangible object that
Q187: The three tasks of a financial system
Q188: A physical asset is:
A) a tangible asset
Q189: The MOST diversified portfolio in terms of
Q191: In financial markets:
A) households sell liabilities.
B) wealth
Q192: A household's wealth is:
A) what it earns
Q193: Transaction costs are the:
A) return to an
Q194: A risk-averse person:
A) considers any risk unacceptable.
B)
Q195: Which item qualifies as an asset from
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents