Question

quiz
question 1 of 8
which of the following best describes a loan?
select a response.
a type of insurance coverage for unexpected losses
a borrower promises to repay money from a lender
a government grant for education
a tax deduction for mortgage interest payments

Explanation:

Para determinar la mejor descripción de un préstamo, analizamos cada opción:

• "A type of insurance coverage..." se refiere a seguro, no a préstamo.
• "A borrower promises to repay money from a lender" coincide con la definición de préstamo (el prestatario recibe dinero del prestamista y se compromete a devolverlo).
• "A government grant..." es una subvención (no requiere reembolso), no un préstamo.
• "A tax deduction..." se refiere a deducción fiscal, no a préstamo.

Answer:

B. A borrower promises to repay money from a lender