Answers EA Academy Civics 9 Credit, Interest, and DebtQuestion 1

1

AssignmentMultiple Choice

Credit, Interest, and Debt

Question 1 • EA Academy Civics 9

If a borrower cannot pay back a home mortgage, the lender will

Answer

A

require borrowers to save up money and pay cash.

B

not require the borrower to have collateral.

C

take the home as payment.

D

increase the amount of the loan.

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