ECONOMICS
ECONOMIC INSTITUTIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Philip has made some real poor financial choices that is now coming back to haunt him, but at least he has his car and thankfully it’s paid off. He needs some fast cash. What will he most likely do?
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Apply for a loan at his local bank.
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Pawn his title to his car
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Apply for a small loan at his local Credit Union
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Visit a payday lender
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Explanation:
There is 1 question to complete.