Question
Why would a bank be reluctant to loan money to a business that already had a lot of debt?
(1 point)
Responses
The loan will likely have a high interest rate.
The loan will likely have a high interest rate.
Debt is a sign that the business is about to fail.
Debt is a sign that the business is about to fail.
A business with a lot of debt may have trouble paying it back.
A business with a lot of debt may have trouble paying it back.
Business are only allowed to a certain amount of debt at once.
(1 point)
Responses
The loan will likely have a high interest rate.
The loan will likely have a high interest rate.
Debt is a sign that the business is about to fail.
Debt is a sign that the business is about to fail.
A business with a lot of debt may have trouble paying it back.
A business with a lot of debt may have trouble paying it back.
Business are only allowed to a certain amount of debt at once.
Answers
GPT-4o mini
A business with a lot of debt may have trouble paying it back.