Post Utme Delsu 2017 Commerce Question 40

Practice objective / multiple choice question 40 from the 2017 Post Utme Delsu Commerce examination.

Post Utme Delsu 2017 Commerce Objective / Multiple Choice
Question 40 POST_UTME_DELSU • 2017 • COMMERCE • objective

A bank offers a loan to a customer, which is secured by the customer's property. What type of loan is this?

Answer Options

A. Unsecured loan
Correct Answer B. Secured loan
C. Mortgage loan
D. Overdraft loan
Correct Answer
B
Correct Option:
Secured loan

About This Question

This is Post Utme Delsu 2017 Commerce Question 40. It is one of the objective questions from the 2017 Post Utme Delsu Commerce examination.

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