A Single-Payment Loan

question 87

Multiple Choice

A single-payment loan

• A)is generally unsecured by collateral.
• B)usually matures in one year or less.
• C)usually matures in five to seven years.
• D)is generally used to finance auto purchases.
• E)is provided by sales finance companies.

---

Definitions:

Public's Right

The rights held collectively by the people or citizens of a community, including access to information, public services, and participation in democratic processes.

Individual's Right

Pertains to the legal and moral entitlements attributed to each person, including privacy, freedom, and personal autonomy.

Public's Right

Refers to the legal or moral entitlements that the general population holds, such as the right to free speech, privacy, or access to information.

License Plate Readers

Technology that uses optical character recognition to automatically read vehicle license plates for identification and tracking purposes.