If You Were Taking Out a Personal Loan,the Highest Rate

question 77

Multiple Choice

If you were taking out a personal loan,the highest rate would probably be charged by a

• A)commercial bank.
• B)finance company.
• C)caisse populaire.
• D)credit union.

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Definitions:

Commonsense Statements

Assertions or beliefs that are widely held and considered to be self-evidently true without need for proof.

Critical Thinking

The process of actively and skillfully conceptualizing, applying, analyzing, synthesizing, and evaluating information to reach a conclusion.

Objective Judgments

involve making decisions or forming opinions based on unbiased facts and without the influence of personal feelings or prejudices.

Critical Thinking

The intellectually disciplined process of actively and skillfully conceptualizing, applying, analyzing, synthesizing, and evaluating information to reach a conclusion.