Register
HELP PLEASE! Which of the following is NOT an example of when people talk about taking out a loan? A. Borrowing money from a bank to buy a car. B. Getting a five year loan to purchase a car. C. Any kind
107k views
13 votes
HELP PLEASE!

Which of the following is NOT an example of
when people talk about taking out a loan?
A. Borrowing money from a bank to buy a car.
B. Getting a five year loan to purchase a car.
C. Any kind of bill that is paid in full each month.
D. Borrowing money and agreeing to pay back a little each month.

User Anthony Giorgio
by
5.0k points

1 Answer

5 votes

Answer: C.

Explanation: When you pay any bill, you don't borrow money, you give your own money to the company or whoever you are giving the money to.

User John Mo
by
5.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.1m questions

6.7m answers

Other Questions

Misk Co. purchased the following securities during 20X7 to be classified as held-to-maturity securities, trading securities, or available-for-sale securities: I. Debt securities bought and held for the
Which of the following should be considered last when searching for financing? Family members Banks Commercial finance companies Credit cards I'm guessing it's C but idk
Explain the similarities and differences between how both producers and consumer use money
Donna's philosophy as she coordinates the marketing efforts is to keep in mind the company's overarching strategy, and to ensure that all marketing activities send a consistent message, beginning with
Brett buys a new cell phone for​ $100. he receives consumer surplus of​ $80 from the purchase. how much does brett value his cell​ phone?
Link Copied!