Question

15 Terrance has just signed a contract with a bank to get a loan to buy a new house. What is TRUE about this contract? OA. Both the bank and Terrance share power of attorney. OB. Terrance has participated in a guarantee of galn. OC. Both parties now have an obligation to their agreement. OD. Terrance is required to submit a verbal agreement. Reset Next​

Answer 1

Answer:

C

Explanation:

I don't know a lot about loans and contracts but C sounds like the best option out of all of them. I hope you ace the test!!