PATHOLOGY MCQ
HEART
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
The young man owed money because he
|
|
borrowed money to travel to America.
|
|
|
borrowed money to pay for his clothing.
|
|
|
borrowed money to build a house.
|
|
|
had lost all his own money in a card game.
|
Explanation:
Detailed explanation-1: -Debtors are individuals or businesses that owe money, whether to banks or other individuals. Debtors are often called borrowers if the money owed is to a bank or financial institution, however, they are called issuers if the debt is in the form of securities.
Detailed explanation-2: -The amount of money borrowed from the bank is called the loan, and the extra amount of money paid back to the bank other than the loan is called the interest.
Detailed explanation-3: -Interest-The price of using someone else’s money; the price of borrowing money. Interest rate-The price paid for using someone else’s money, expressed as a percentage of the amount borrowed.
There is 1 question to complete.