A Type of Bank Loan That Is More Flexible Than

question 34

Multiple Choice

A type of bank loan that is more flexible than some other loans but that can save the borrower some interest even though it carries a slightly higher interest rate than other loans is the:

• A)bridge loan.
• B)line of credit.
• C)term loan.
• D)bankers' acceptance.

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Definitions:

Urbanization

Urbanization is the process by which cities grow and higher proportions of the population come to live in urban areas, often associated with shifts from rural to urban livelihoods.

Urban Way

Refers to the lifestyle and cultural norms prevalent in urban areas as opposed to rural settings.

Concentric Zone Model

A social model that describes urban land use in concentric circles, with the central business district at the center.

Ecological Succession

In the theory of human ecology refers to the process by which a distinct urban group moves from one area to another and a second group comes in to replace the group that has moved out.