The Two Types of Loan Endorsers Are ______

question 46

Multiple Choice

The two types of loan endorsers are ______.

• A) borrowers and guarantors
• B) guarantors and comakers
• C) borrowers and lenders
• D) comakers and borrowers

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Definitions:

Texting While Operating

The act of sending, reading, or writing text messages on a mobile device while engaged in operating a vehicle or machinery, often illegal due to safety concerns.

Concurrent Powers

Powers that are shared by both the state and federal governments in the United States, such as the power to tax and build roads.

Tenth Amendment

An amendment to the U.S. Constitution that states powers not delegated to the United States by the Constitution, nor prohibited by it to the states, are reserved to the states respectively, or to the people.

Enumerated Powers

Specific powers granted to Congress by the United States Constitution.