select the correct answer. lawrence got a car loan from a bank, with the car as collateral. what kind of…

select the correct answer. lawrence got a car loan from a bank, with the car as collateral. what kind of loan did he get? a. a secured loan b. an unsecured loan c. a fixed - rate loan

select the correct answer. lawrence got a car loan from a bank, with the car as collateral. what kind of loan did he get? a. a secured loan b. an unsecured loan c. a fixed - rate loan

Answer

Brief Explanations:

Un préstamo garantizado requiere un activo como garantía. En este caso, el coche es la garantía para el préstamo que Lawrence obtuvo del banco. Un préstamo no garantizado no requiere garantía, y un préstamo a tasa fija se refiere a la tasa de interés, no al tipo de garantía.

Answer:

A. a secured loan