asked 200k views
4 votes
Mike and David signed a loan agreement together to borrow money for a boat. If David leaves town and cannot be found, what happens to the loan? A) Mike must pay the full monthly payment. B) Mike must continue paying his half of the monthly payment. C) Mike and the lender must renegotiate the terms of the loan. D) Mike does not have to pay anymore because David has the boat.

1 Answer

4 votes

Answer:

A

Step-by-step explanation:

answered
User Carlos Fonseca
by
8.8k points

No related questions found

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