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kherson [118]
2 years ago
13

A bank that has not received payment on a loan can try to get its money back by:.

SAT
1 answer:
Ivahew [28]2 years ago
4 0

A bank that has not received payment on a loan from a borrower can try to get its money back by: hiring a collection agency to retrieve (seize) the money from the borrower.

A loan refers to an amount of money that is borrowed from a lender such as a financial institution (bank) and it is expected to be paid back at an agreed date with a predefined interest.

Generally, a financial institution (bank) lending out a sum of money to a borrower usually require that, the borrower provides a collateral which would be taken over in the event that the borrower defaults (fails) in the repayment of the loan.

Additionally, a collection agency can be hired by a bank to retrieve (seize) the money from the borrower when it hasn't received payment on a loan from a borrower.

Read more on loan here: brainly.com/question/25599836

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Compare public debt to intragovernmental debt brainly
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The difference is that public debt is owed to creditors while intragovernmental debt is owed to another part of government.

<h3>How to Classify Debts?</h3>

The public debt is defined as the amount of money that a government owes to creditors. Now, this debt held by the public is a large portion of the national debt.

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The items that represent the perceived successes of the preparedness movement and those that represent the perceived failures are:

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The Preparedness movement was initiated by the former president, Theodore Roosevelt. His aim was to convince President Woodrow Wilson and the American citizenry of the need to prepare to join the first world war.

This movement helped to prepare the nation for the war.

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brainly.com/question/880696

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