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r-ruslan [8.4K]
3 years ago
12

Mateo is a pizza delivery driver and is paid by the hour. He was forced to take two weeks off of work due to a serious illness a

nd cannot afford his rent. He owns his car, but has no other significant assets. Should he seek a loan from a payday loan company or a title pawn lender? Why?

Social Studies
2 answers:
kap26 [50]3 years ago
6 0

Answer:

Option #3

Explanation:

I just took the test

Gennadij [26K]3 years ago
3 0

Answer: He should go to a payday loan company because he would have to put up his car as collateral and risk losing it at a title pawn lender.

Explanation: Payday loan company offers unsecured loans meaning they give out loans without a collateral since the payment of the loan is tied to the paycheck of the borrower. That means the paycheck stands as a collateral for the loan.

With a title Pawn lender Mateo has to use his car as a collateral and risk losing it if he doesn't meet payment deadline.

In conclusion, it is best to acquire loan from a payday loan company as arrangements can be made on payments and he will still have enough money to live on while paying the loan.

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1. Who was John Brown?

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2. What was the purpose of the Gettysburg Address?

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<em><u>Further explanation</u></em><em>:</em>

  1. John Brown (1800-1859) was an abolitionist who supported armed struggle against existing laws and government in order to end slavery.  In October 1859, Brown led a raid on the federal armory at Harpers Ferry, Virginia.  The intent was to arm slaves to fight for their freedom and set in motion a slave revolt that would spread across other regions in the South.  The effort was unsuccessful and Brown was hanged for treason against Virginia.
  2. President Lincoln delivered the Gettysburg Address on November 19, 1863.   in the Gettysburg Address, Lincoln affirmed the principle stated by the Declaration of Independence, that all men are created equal.  The massive number of casualties at the Battle of Gettysburg  gave impetus to Lincoln's words about preserving the Union and government of the people, by the people and for the people -- ideas which had been central to Lincoln's worldview before Gettysburg as well as in that speech.
  3. Lee's surrender to General Ulysses Grant of the Union occurred on April 9, 1865, near the town of Appomattox Court House, Virginia.  This was the effectively the end of the US Civil War.
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  5. Harriet Beecher Stowe's novel, "Uncle Tom's Cabin," was hugely popular with abolitionists around the world.  The book was the 2nd-best selling book of the 19th century -- coming in behind only the Bible (the perennial bestseller).  
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