Post Utme Veritas University 2017 Commerce Question 33

Practice objective / multiple choice question 33 from the 2017 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2017 Commerce Objective / Multiple Choice
Question 33 POST_UTME_VERITAS_UNIVERSITY • 2017 • COMMERCE • objective

A bank is considering offering a new loan product to its customers. Which of the following is a key consideration for the bank?

Answer Options

A. The interest rate on the loan
B. The creditworthiness of the borrower
Correct Answer C. The risk of default on the loan
D. The fees associated with the loan
Correct Answer
C
Correct Option:
The risk of default on the loan

About This Question

This is Post Utme Veritas University 2017 Commerce Question 33. It is one of the objective questions from the 2017 Post Utme Veritas University Commerce examination.

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