Which of the Following Is NOT Characteristic of the Consumer

question 28

Multiple Choice

Which of the following is NOT characteristic of the consumer loans at U.S.banks?

• A)Non revolving consumer loans is the largest class of loans.
• B)Credit card loans often have default rates between four and eight percent.
• C)Usury ceilings affect the rate structure for consumer loans.
• D)Consumer loans differ widely with respect to collateral, rates, maturity, and noninterest fees.
• E)Revolving consumer loans include new and used automobile loans, mobile home loans, and fixed-term consumer loans.

---

Definitions:

Aorta

The largest artery in the body, transporting oxygen-rich blood from the left ventricle of the heart to various parts of the body.

Left Ventricle

The chamber of the heart that receives oxygenated blood from the left atrium and pumps it out under high pressure through the aorta to circulate throughout the body.

Oxygen-poor Blood

Refers to blood with a lower than normal oxygen content, usually returning to the heart from various parts of the body.

Superior and Inferior

Terms used to describe the relative position of body parts, with 'superior' meaning higher or above and 'inferior' meaning lower or below.