Which Lender Is Likely to Ask You to Write a Check

question 25

Multiple Choice

Which lender is likely to ask you to write a check for $115 before granting you a $100 loan?

• A)credit union
• B)payday advance company
• C)finance company
• D)department store
• E)commercial bank

---

Definitions:

Virginia Slave Code

A set of laws established in the 17th century in Virginia to regulate the interactions between slaves and citizens, legitimizing the institution of slavery.

White Supremacy

A racist ideology based on the belief that white people are superior to those of all other races and should therefore dominate society.

Royal Africa Company

A British chartered company, founded in 1660, involved in the Atlantic slave trade, it held a monopoly on English trade with West Africa.

Indentured Servitude

A labor system where individuals worked for a fixed term of servitude in exchange for transportation, food, clothing, lodging, and other necessities.