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Francina who just started her first job has been paying her luxury sports car loan until she stopped payments two months ago her car was repossessed what could have been good preventive behavior in this case

User Fjmustak
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5.4k points

2 Answers

1 vote

Answer:

She could have used discretion in selecting the purchased item and applying for the loan.

Step-by-step explanation:

Instead of paying the loan for her car, using discretion would've made her payments more diversified, preventing her car from being repossessed.

Good luck on the exam to those reading this! <3

Refer to the lessons that correspond to each question rather than looking the answers up sometimes, you'll get more accurate answers :)

User Onlineracoon
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5.1k points
6 votes

Answer:

not taking the car in the first place

Step-by-step explanation:

The agreement binding such a loan for a car usually states the consequences when the borrower defaults on the monthly payments for the car. It gives the bank or lender the right to collect back or repossess the car from the borrower when they fail to meet the requirements.

Considering she just started her first job, avoiding a luxury car would have been a wise decision until he stays longer on the job. Hence, good preventive behavior would have been not to take the car in the first place.

User Shunyata Kharg
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5.2k points