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Economics - Financial Markets 19 Online
OpenStudy (anonymous):

_________ of the vehicle is the likely consequence of failure to make the required loan payments. A. Theft B. Repossession C. Destruction D. Loss of warranty

OpenStudy (rina.r):

Maybe D Loss of warranty

OpenStudy (anonymous):

I would think B. If you don't make your loan payments to the bank the bank can reposes the vehicle since technically it belongs to them.

OpenStudy (anonymous):

its d becaus i u dont dont pay u loss the warranty on the vehicle

OpenStudy (anonymous):

B - Repossession. When a car is bought on a loan, the loan repayments must be met at pre-agreed intervals or the bank will be able to reclaim (repossess) ownership of the vehicle, as it was the banks money that paid for it.

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