question 2 points 2 match the correct choices. lender? i. jill gets money from her friend, nancy. who is…

question 2 points 2 match the correct choices. lender? i. jill gets money from her friend, nancy. who is jill? borrower? ii. adam gives money to his friend, abraham. who is adam? credit? iii. jill agrees to pay nancys debt if she is unable to pay it herself. who is jill? co - signer? iv. adam promises to pay a sum of money at a future date in exchange. what is it? iv, iii, ii, i i, ii, iii, iv ii, i, iv, iii

question 2 points 2 match the correct choices. lender? i. jill gets money from her friend, nancy. who is jill? borrower? ii. adam gives money to his friend, abraham. who is adam? credit? iii. jill agrees to pay nancys debt if she is unable to pay it herself. who is jill? co - signer? iv. adam promises to pay a sum of money at a future date in exchange. what is it? iv, iii, ii, i i, ii, iii, iv ii, i, iv, iii

Answer

Brief Explanations:

  • A lender is someone who gives money. In "II. Adam gives money to his friend, Abraham", Adam is the lender.
  • A borrower is someone who gets money. In "I. Jill gets money from her friend, Nancy", Jill is the borrower.
  • Credit is an agreement to pay in the future. In "IV. Adam promises to pay a sum of money at a future date in exchange", it is about credit.
  • A co - signer is someone who agrees to pay someone else's debt if they can't. In "III. Jill agrees to pay Nancy’s debt if she is unable to pay it herself", Jill is the co - signer.

Answer:

II, I, IV, III