Register
Which term describes the situation faced by people who cannot repay their loans? A. bankruptcy B. collateral C. credit D. interest
67.4k views
23 votes
Which term describes the situation faced by people who cannot repay their loans?

A. bankruptcy
B. collateral
C. credit
D. interest

User BrianS
by
8.8k points

1 Answer

11 votes
A.bankruptcy because they they can’t pay the money back so they will get bankrupt and have some stuff that they need to payback taken.
User Kklo
by
9.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

What goal of the constitution was also a goal of the Magna Carta?
is it true or false that after the american revolution conflicts in the northwest territory erupted between remaining british soldiers and native americans
Who made dutch claims in north america?
What was an effect of nationalism in Europe in the early 1900s?
What were the positive and negative effects of Egypt being imperialized by Britain.
Link Copied!