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Fittoniya [83]
3 years ago
10

Why does an unsecured loan have a higher interest rate than a secured loan?

Business
2 answers:
salantis [7]3 years ago
6 0
The banker has a set amount he or she can say yes it ok for the loan .
after that the banker has to ask the manager then the manger has to ask people higher up so what happens is in the bank when they have to get others opinions what happens is they share the cost of the loan if not payed back as a loss to both not just one
sergey [27]3 years ago
3 0

Your answer would most likely be A.) The bank bears all the risk of the loan.

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Assuming you see a logo and recognize the brand as it is being presented to you, this is an example of Aided recall.

<h3>What is aided recall?</h3>

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Aided recall in important as it help to create product awareness and it enables people to recognize a brand based on the advert they saw and to showcase their knowledge about the advert when asked.

Inconclusion this is an example of Aided recall.

Learn more about Aided recall here:brainly.com/question/24106562

3 0
2 years ago
An example of a loan that tends to have a lower interest rate is a(n) __________ loan.
Setler79 [48]
The answer is : A. Home loan

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6 0
3 years ago
Read 2 more answers
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ipn [44]

Answer:  false

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Extrinsic motivation is commonly defined as the inclination to participate in activities to receive some kind of perceived outward benefit. It is worth noting that either physical or mental in essence can be these incentives. Thus, from the above we can conclude that the above statement is false.

6 0
3 years ago
What is the smallest graduation on an english vernier caliper
Snowcat [4.5K]

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Suppose there are only two firms that sell smartphones: Flashfone and Pictech. The payoff matrix that follows shows the profit (
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Answer:

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Explanation:

a) Data and Calculations:

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                          High         Low

             High     8   8        3  10

Flashfone

             Low    10   3        5   5

b) By acting at the Nash equilibrium and pricing their smartphones high, Pictech and Flashfone achieve a payoff of $8 million respectively.  This payoff level does not put any of the two firms at a disadvantage.

7 0
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