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Economics - Financial Markets
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_________ 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
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Maybe D Loss of warranty
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.
its d becaus i u dont dont pay u loss the warranty on the vehicle
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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