Post Utme Unn 2020 Commerce Question 39

Practice objective / multiple choice question 39 from the 2020 Post Utme Unn Commerce examination.

Post Utme Unn 2020 Commerce Objective / Multiple Choice
Question 39 POST_UTME_UNN • 2020 • COMMERCE • objective

A bank is considering offering a new type of loan product to its customers. Which of the following features is most likely to be included in this product?

Answer Options

A. A variable interest rate
Correct Answer B. A fixed interest rate
C. A collateral requirement
D. A credit life insurance policy
Correct Answer
B
Correct Option:
A fixed interest rate

About This Question

This is Post Utme Unn 2020 Commerce Question 39. It is one of the objective questions from the 2020 Post Utme Unn Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support