Which One of the Following Terms Is Defined as a Loan

question 45

Multiple Choice

Which one of the following terms is defined as a loan wherein the regular payments,including both interest and principal amounts,are insufficient to retire the entire loan amount,which then must be repaid in one lump sum?

• A)amortized loan
• B)continuing loan
• C)balloon loan
• D)remainder loan
• E)interest-only loan

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Definitions:

Sexually Promiscuous

Engaging in sexual activities with multiple partners without engaging in a committed relationship.

Sociobiologist

A scientist who studies the biological aspects of social behavior, often focusing on the evolutionary basis for such behaviors.

Evolution

The process by which different kinds of living organisms are thought to have developed and diversified from earlier forms during the history of the earth.

Sociobiologists

Scientists who study the biological basis of social behavior across species, including humans, often focusing on how behavior contributes to survival and reproduction.