Question

People who take a loan from a bank have the responsibility to:

A. spend all of their savings to pay off the loan as quickly as
possible.

B. pay the full amount of each monthly payment without being late.

C. use the same bank whenever they want to take out another loan.

D. never take out another loan until the first one is paid off.

Answer 1

Answer:

B

Explanation: Just answered it

Answer 2

People who take loan from a Bank have the responsibility to pay the full amount of each monthly payment. Hence, option B is correct.

Rules for Bank Loan

The Person who took loan from Bank has the responsibility to pay the due amount to the bank within the time limit given by the Bank. If a person failed to do so, he is charged with late fees and also it affects his future loan taking perspectives.

Hence, People who take loan from a Bank have the responsibility to pay the full amount of each monthly payment. Therefore, option B is correct.

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