Purchasing a car on a loan through the bank or dealership is called: A. franchising. O O B. financing O C. loaning. O D. amortizing.

Question

asked Mar 3, 2021 12.1k views

2 Answers

← Prev Question Next Question →

Ask a Question

Ludonope · Answer 1 · 2021-03-09T07:34:01+0000

Answer: B: Financing

Explanation:

Financing is a type of loan that is paid with interest. This type of loan is paid with fixed installment until the debt is paid off. If the loan is defaulted, the bank gets to collect the car from the owner.

Purchasing a car on a loan through the bank or dealership is called: A. franchising. O O B. financing O C. loaning. O D. amortizing.

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

Please log in or register to add a comment.

Please log in or register to add a comment.

Related questions

Categories

Other Questions