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Wise Practice Exam Answers
Wise Practice Exam Answers 
 
If you have caused an accident, which type of automobile insurance would cover damage to your own car? -CORRECT ANSWER- Collision 
 
Matt and Eric are young men. Each has a good credit history. They work at the same company and make approximately the same salary. Matt has borrowed $6,000 to take a foreign vacation. Eric has borrowed $6,000 to buy a car. Who is likely to pay the lowest finance charge? -CORRECT ANSWER- Eric will pay less because the car is collateral ...
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Wise Practice Exam Answers 
 
If you have caused an accident, which type of automobile insurance would cover damage to your own car? -CORRECT ANSWER- Collision 
 
Matt and Eric are young men. Each has a good credit history. They work at the same company and make approximately the same salary. Matt has borrowed $6,000 to take a foreign vacation. Eric has borrowed $6,000 to buy a car. Who is likely to pay the lowest finance charge? -CORRECT ANSWER- Eric will pay less because the car is collateral ...