Which of the Following Statements Regarding a Consumer Loan Is

question 2

Multiple Choice

Which of the following statements regarding a consumer loan is true?

• A)A consumer loan is used chiefly to make repeated purchases of relatively low-cost goods and services.
• B)A consumer loan results from a rather informal process and involves no negotiated contracts.
• C)A consumer loan provides credit cards and checks to the consumers.
• D)A consumer loan provides revolving credit to the consumers.
• E)A consumer loan is used to finance the purchase of very expensive items.

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Definitions:

Entourage

A group of people surrounding an important individual, often celebrities, providing support or services.

Endorsements

Public support or approval of a product, service, or individual, often by a celebrity or authority figure.

Content Creation

The process of generating topic ideas that appeal to a target audience, creating written or visual content around those ideas, and making that information accessible to the audience as a blog, video, infographic, or other media format.

Ambassador Program

A marketing strategy that involves recruiting influential people to represent a brand and promote its products or message.