Post Utme Esut 2017 Commerce Question 30

Practice objective / multiple choice question 30 from the 2017 Post Utme Esut Commerce examination.

Post Utme Esut 2017 Commerce Objective / Multiple Choice
Question 30 POST_UTME_ESUT • 2017 • COMMERCE • objective

A bank is considering lending money to a customer. The customer has a good credit history, but the bank is concerned about the customer's ability to repay the loan. Which of the following is the best option for the bank?

Answer Options

A. The bank should lend the customer the money.
B. The bank should not lend the customer the money.
Correct Answer C. The bank should require the customer to provide collateral.
D. The bank should require the customer to provide a guarantor.
Correct Answer
C
Correct Option:
The bank should require the customer to provide collateral.

About This Question

This is Post Utme Esut 2017 Commerce Question 30. It is one of the objective questions from the 2017 Post Utme Esut Commerce examination.

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