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5.3 Discussion: Credible Sources The first source that I like is https://www.ipl.org/essay/Chittra-Banerjee-Divakaruni-Clothes-Analysis-PJJKY92NAU (Links to an external site.). The reason for select...

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v• After the end of World War II, there was a competition between the Soviet Union and the US that led to the outbreak of the Cold War. The US had to take many important decisions to expand its influe...

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Unit 2 Challenges 3

Unit 2 Challenges 3

Q 1. Which of the following is true of a traveler's check? 2. Stacy needs to buy an airline ticket right now, but she doesn't have enough money in her account to cover the cost. She asks her friend Sam, who lives in another city, for the money. Which of the following is the quickest way for Sam to send Stacy the money? 3. Sophia takes a $130,000 loan from a bank to pay for her condo, which she pledges as collateral. Sophia's bank has a lien on the condo. What does this mean? 4. Which of the following information will remain in an individual's credit report throughout their life? 5. Which of the following is most likely to decrease a person's credit score?

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1. A traveler's check is a prepaid check purchased from a credit card company, bank, or credit union that must be signed before it can be cashed. 2. Sam should use a peer-to-peer payment (P2P) app. P2P apps allow you to transfer money from your bank to someone else in your personal network. A P2P transfer is instantaneous. 3. A lien gives the lender the legal right to sell the collateral if the borrower does not repay the loan. Here, the bank can recover the loan by selling her apartment.