首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Security is required on loans for several reasons. One of the most common is probably the borrower’s financial weakness. Such we
Security is required on loans for several reasons. One of the most common is probably the borrower’s financial weakness. Such we
admin
2012-01-26
70
问题
Security is required on loans for several reasons. One of the most common is probably the borrower’s financial weakness. Such weakness may be indicated by several factors, including heavy obligations to creditors, poor management, and insufficient income. Borrowers in this financial condition can strengthen their credit by pledging certain assets. Having a secured loan may also be a psychological advantage for a bank. As long as the borrower has greater equity in the pledged assets than does the bank and the bank is in a preferred position and can foreclose in the event the loan agreement is broken, the borrower has a strong incentive to repay the obligation. The length of a loan also has a bearing on whether it will be secured. As the term of the loan lengthens, the risk of non-repayment increases. Loans for purchasing real estate are nearly always secured, especially if the funds are borrowed for long periods of time, because of risk of non-repayment.
Unsecured loans are based more exclusively on the borrower’s integrity and financial condition, expected future income, and past record of repayment. Contrary to popular belief, the largest loans and the greatest dollar volume of loans made by some banks are often granted on an unsecured basis. The largest commercial borrowers are able to borrow on an unsecured basis. Some companies are considered by banks to be prime borrowers, and in many cases they receive the most favorable interest rate. Such companies have competent management, products and services that are well accepted in the marketable, relatively stable profits, and a strong financial condition. They provide their banks with financial statements from which it is relatively easy to determine their financial condition and keep track of their progress.
Business firms are not the only ones who borrow on an unsecured basis—many individuals enjoy this privilege. Persons who own their homes, have a steady job which they have held for years, and have a record of prompt payment both at the bank and at retail stores are commonly in a position to borrow on an unsecured basis. An applicant’s ability and willingness to pay are projected into various situations.
Which of the following statements is true?
选项
A、Loans for buying houses are always secured in order to reduce the risk of nonpayment.
B、Companies are more likely to borrow on all unsecured basis than individuals.
C、The largest loans advanced by banks are always secured loans.
D、Borrowers are more willing to repay the money if the loans are made on an unsecured basis.
答案
A
解析
购买住房等不动产的贷款一般期限较长,所以会被要求进行抵押贷款。所以,只有A项符合题意。
转载请注明原文地址:https://kaotiyun.com/show/eKYd777K
本试题收录于:
FECT综合(现代金融业务)题库金融英语(FECT)分类
0
FECT综合(现代金融业务)
金融英语(FECT)
相关试题推荐
情景:你刚迁入新居,欲把此事告诉你的美国朋友Andy。任务:请你用英语给Andy发一封50个词左右的电子邮件,告诉他:新居的情况;新居的环境;新居的地址DearAndy,...Li
Sir.WilliamThompsonwasverydeaf(聋的)buthedidn’twantpeopletoknowthis.Oneeveninghehadinvitedseveralfriendstod
FEIFEIELEVATORSisoneoftheleadingelevatorcompaniesintheworldwithmorethan120branchcompanies(分公司)aroundtheglobe.
In1826,aFrenchmannamedNiepceneededpicturesforhisbusiness.Buthewasnotagoodartist.Soheinventedaverysimplec
Mr.andMrs.RajahHassimweregoingtoeatout.Mr.Hassimtelephonedinthemorningandreserved(预定)atableinSpringRestau
Mr,andMrs.RajahHassimweregoingtoeatout.Mr.Hassimtelephonedinthemorningandreserved(预定)atableinSpringRestau
Theimpactglobalizationhasonlocal-nationalinsurersispositive.
UnderFOBtermsthebillofladingwouldstategoods______.
Whatisthepurposeofcomparingtheledgerentrieswiththedocuments?______.
TheBISisthecentralbankers’centralbank.Itisverydiscreet,andveryinfluential.Itwasfoundedin1930toactasatrus
随机试题
Itseemssonaturaltoputupanumbrellatokeepthewateroffwhenitrains.Butactuallytheumbrellawasnotinventedaspro
X线胶片特性曲线是拱绘曝光量与所产生的密度之间关系的一条曲线,由于这条曲线可以表示出感光材料的感光特性,所以称之为“特性曲线”。特性曲线的横坐标为曝光量,以对数值IgE表示;纵坐标为密度,以D表示,特性曲线由足部、直线部、肩部和反转部组成。特性曲线可提供感
尿干化学分析仪的主要优点不包括
提取游离香豆素的方法有
根据《水利水电工程标准施工招标文件》,通用合同条款中涉及不可预知的风险的有()。
下列选项中,影响行政组织结构形态的决定性因素是()。
()是一种不为应答者提供可选择的答案,让应答者自由地用自己的语言来回答或解释有关想法的问题类型。
国际收支平衡表的四部分主要内容中,最基本的项目是()。
下图所示是一台Windows主机在命令行模式下执行某个命令时用sniffer捕获到的数据包。请根据图中信息回答下列问题。该主机上配置的域名服务器的IP地址是【16】。
—Issheolderthanyou?—Yes,sheisolderthan______twoyears.
最新回复
(
0
)