Author Question: If you take out a loan from a bank, you will be charged ________. A) for principal but not ... (Read 29 times)

washai

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If you take out a loan from a bank, you will be charged ________.
 
  A) for principal but not interest
  B) for interest but not principal
  C) for both principal and interest
  D) for interest only

Question 2

Which of the following is NOT a characteristic of common stock:
 
  A) Tax-deductible dividends
  B) Claims on income and assets which are subordinate to the creditors of the firm
  C) Voting rights which permit selection of the firm's directors
  D) That there is no fixed payment obligation



Harbringer

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Answer to Question 1

Answer: C

Answer to Question 2

A



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