Post Utme Unilag 2018 Commerce Question 34

Practice objective / multiple choice question 34 from the 2018 Post Utme Unilag Commerce examination.

Post Utme Unilag 2018 Commerce Objective / Multiple Choice
Question 34 POST_UTME_UNILAG • 2018 • COMMERCE • objective

A bank is considering lending money to a customer who has a poor credit history. Which of the following is the most appropriate decision for the bank?

Answer Options

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

About This Question

This is Post Utme Unilag 2018 Commerce Question 34. It is one of the objective questions from the 2018 Post Utme Unilag Commerce examination.

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