Promises Given by Borrowers to Lenders Are

question 26

Multiple Choice

Promises given by borrowers to lenders are

• A)recognized as legally enforceable only in some states.
• B)not subject to federal taxation.
• C)assets to the lenders.
• D)liabilities to the lenders.

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Definitions:

Proteins

Large biomolecules consisting of one or more long chains of amino acid residues, crucial for the body's structure, function, and regulation of tissues and organs.

Cognitive Abilities

The mental skills that involve the ability to learn, remember, solve problems, and pay attention.

Innate

Referring to qualities, abilities, or knowledge that are present from birth, not acquired through experience.

Human Traits

Characteristics, attributes, or behaviors that are inherent or acquired by humans, which can be physical, psychological, or behavioral.