Question

question 5 4 pts when a borrower fails to repay a loan and there is a co - signer on the loan, the most likely result will be google translate the co - signer will be held responsible for the repayment of the entire loan plus fees or penalties. the co - signer will be held responsible for one - half the repayment of the loan. the co - signer will be responsible for bringing the borrower to the bank each month to make the payments.

Explanation:

A co - signer on a loan agrees to be responsible for the loan if the borrower defaults. This means the co - signer is liable for the entire loan amount along with any associated fees or penalties, not just half or for bringing the borrower to make payments.

Answer:

A. the co - signer will be held responsible for the repayment of the entire loan plus fees or penalties.