The Date on Which the Repayment for a Loan Is

question 51

Multiple Choice

The date on which the repayment for a loan is due is called the ________ date.

• A) maturity
• B) deferment
• C) deadline
• D) face value
• E) par

---

Definitions:

Social Consensus

An agreed-upon understanding among members of a society on various issues and norms.

Public Policy

Principles and standards considered by the government in addressing issues which affect the public at large.

Slamming

The illegal practice of changing a consumer’s telephone service without permission.

Limited Warranties

Warranties that cover only certain parts, certain defects, or have other specific limitations established by the seller.