Loans Extended to Finance the Purchase of Automobiles,mobile Homes,home Appliances,and

question 37

Multiple Choice

Loans extended to finance the purchase of automobiles,mobile homes,home appliances,and vacations are classified as:

• A)real estate loans.
• B)financial institution loans.
• C)agricultural loans.
• D)commercial and industrial loans.
• E)None of the options is correct.

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