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:

Macronutrient

An essential element required in fairly large amounts for normal growth. Compare with micronutrient.

Calcium

A chemical element with the symbol Ca, essential for living organisms, particularly in cell physiology, where it plays a key role in signal transduction pathways, bone structure, and teeth strength.

Positively Charged Mineral Ions

Ions that have lost one or more electrons, resulting in a net positive charge, and are essential for various physiological processes in plants and animals.

Protons

Positively charged particles located within the nucleus of an atom.