asked 190k views
3 votes
If Damian needs to borrow money to pay for something, he needs to request which of the following? A. a loan B. collateral C. interest D. a lien

2 Answers

4 votes

Answer:

This is a loan

Explanation:

When you borrow money to pay for something, this is called a loan.

Collateral is something you offer in case you don't meet the terms of the loan.

Interest is the amount of money you have to pay over time for the use of the money.

A lein is what they can put on your accounts if you don't meet the terms of the loan.

answered
User Alexanderific
by
8.1k points
2 votes

Answer:

A.) A loan

Explanation:

answered
User Kagan
by
7.6k points

Related questions

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.