Which of the Following Is a Long-Term Loan Using Real

question 11

Multiple Choice

Which of the following is a long-term loan using real estate or other assets as collateral?

• A) an unsecured loan
• B) a discount loan
• C) a mortgage loan
• D) a line of credit loan

---

Definitions:

Action Alternatives

Action alternatives are the different courses of action or strategies that can be taken in response to a specific problem or situation.

Optimising Decision

Chooses the alternative giving the absolute best solution to a problem.

Absolute Best Solution

The optimal resolution to a problem or challenge, surpassing all other alternatives in effectiveness.

Minority Domination

A situation in which a smaller or less powerful group controls or influences a majority or more powerful group.