An Interest-Only Loan Means That So Long as Interest Is

question 35

True/False

An interest-only loan means that so long as interest is being paid on the loan, the loan never has to be repaid.

---

Definitions:

Soviet Occupation

Period of control or governance by the Soviet Union over other nations, especially in Eastern Europe after World War II.

Kulaks

Wealthy peasants in Russia who owned larger farms and were considered enemies by the Bolsheviks during the early Soviet period, leading to their persecution.

Vichy

A city in France that was the seat of the French government from 1940 to 1944 during the occupation by Nazi Germany in World War II, associated with the collaborationist Vichy regime.