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Who benefits from a loan? A - only the person who is given the loan by a bank? B - only the bank who gives the loan to a person C - both the person who gets the loan and the bank that loans the money D
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Who benefits from a loan?

A - only the person who is given the loan by a bank?
B - only the bank who gives the loan to a person
C - both the person who gets the loan and the bank that loans the money
D - no one benefits when a loan is given out

User Groundhog
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1 Answer

1 vote

Answer:

C

Step-by-step explanation:

The person gets money to spend, then over time the bank will earn that money back from the same person. So I'd say both benefit.

User Kevin King
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