SHORT QUIZ FOR DEMO (LOANS) | Quizalize

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SHORT QUIZ FOR DEMO (LOANS) | Quizalize

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SHORT QUIZ FOR DEMO (LOANS)

Quiz by Diorando Obar

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4 questions

Q.

What is the main difference between a business loan and a consumer loan?

1

30 sec

Q.

What is collateral in the context of a loan?

2

30 sec

Q.

What is the purpose of a business loan?

3

30 sec

Q.

4

30 sec

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Q 1/4
Score 0
What is the main difference between a business loan and a consumer loan?
30
The loan amount
The purpose of the loan
The interest rates
The repayment terms
Q 2/4
Score 0
What is collateral in the context of a loan?
30
The monthly repayment amount
The loan application form
Something of value pledged by the borrower to secure the loan
The interest charged on the loan

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