Borrowing Money from a Bank Requires an Asset to Secure

question 19

Multiple Choice

Borrowing money from a bank requires an asset to secure the loan called _____ in addition to paying _____ on the amount borrowed.

• A) equity; interest
• B) equity; dividends
• C) collateral; interest
• D) collateral; dividends

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Definitions:

Economic Displacement

The loss of employment or significant income due to factors like automation, globalization, or changes in market demand.

Gender Bias

Prejudice or discrimination based on a person's sex or gender, often favoring one gender over the other.

Academic Counseling

A service aimed at helping students understand their educational and career options, and assisting them in making informed decisions.

Teachers' Treatment

The manner and approach educators use in interacting with their students, which can significantly affect students' learning and psychosocial development.