Which Kind of Loan Generally Has the Lowest Interest Rate

question 34

Multiple Choice

Which kind of loan generally has the lowest interest rate charged?

• A)Unsecured loan
• B)Secured loan
• C)Cash advance
• D)Vacation loan

Describe the effects of power on leaders and their decision-making processes.

Articulate the importance of ethical leadership and followership in organizations.

Outline the concepts and levels of corporate social responsibility (CSR).

Analyze the role of leaders in managing information and their responsibility towards stakeholders.

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Definitions:

Opportunity Costs

Eliminating possible positive outcomes from alternative selections by choosing one.

Worse Off

A situation or condition in which an individual or group is disadvantaged or in a less favorable position than before.

Opportunity Cost

The value of the next best alternative that one gives up when making a decision.

Computers

Electronic devices that process, store, and communicate information through logical operations.