Which of the Following Statements Regarding Consumer Finance Companies Is

question 51

Multiple Choice

Which of the following statements regarding consumer finance companies is true?

• A) Consumer finance companies accept deposits and give small loans to their members.
• B) Consumer finance companies make loans of any size to low-risk borrowers.
• C) Consumer finance companies offer consumer loans at the lowest interest rates.
• D) Consumer finance companies offer consumer loans only for home mortgage lending.
• E) Consumer finance companies make secured and unsecured loans to qualified individuals.

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Definitions:

Internal Organs

Organs located within the main cavities of the body, involved in various essential physiological processes.

Smooth Muscle

A type of muscle tissue which is found in the walls of organs, such as the stomach, and is involved in involuntary movements.

Abrasion-Resistant

Refers to materials or surfaces that are designed to withstand wear, scraping, or rubbing that may cause erosion.

Keratin

A type of protein found in skin, hair, and nails, making them strong and resistant to damage.