menu
QAmmunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
Which term describes the situation faced by people who cannot repay their loans? A. bankruptcy B. collateral C. credit D. interest
asked
Mar 3, 2023
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
History
college
BrianS
asked
by
BrianS
8.8k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
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.
Kklo
answered
Mar 10, 2023
by
Kklo
9.2k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Aug 23, 2021
194k
views
People who get loans but are considered a risk to fully repay them, often _____. get Secured loans a. refuse to repay their loans b. receive higher interest rates c. are required to put down collateral
Derek Fan
asked
Aug 23, 2021
by
Derek Fan
8.6k
points
Social Studies
middle-school
2
answers
0
votes
194k
views
asked
Jun 17, 2022
200k
views
What was the effect of bank runs & bankruptcy after the Stock Market Crash of 1929? The banks' customers could not repay their loans. People sold off bank stocks, making them worthless. People stopped
OYRM
asked
Jun 17, 2022
by
OYRM
8.0k
points
History
high-school
1
answer
16
votes
200k
views
asked
Sep 12, 2024
200k
views
What are some ways that someone looking for a loan might reassure a bank that is faced with imperfect information about whether the borrower will repay the loan? a. Providing collateral or a co-signer
Winton
asked
Sep 12, 2024
by
Winton
8.1k
points
Business
high-school
1
answer
4
votes
200k
views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.5m
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
How did world war 1 affect the racial and ethnic makeup of american cities
What was an effect of nationalism in Europe in the early 1900s?
Why might things far away and long ago be important to us now.
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search QAmmunity.org