Answered

Discover answers to your questions with Westonci.ca, the leading Q&A platform that connects you with knowledgeable experts. Explore a wealth of knowledge from professionals across different disciplines on our comprehensive platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

Adel wants to get $100 immediately to pay for concert tickets. He currently has no cash or income, but he has a nice gold watch that is worth $500. He is looking for a place to loan him the $100 by using his watch as collateral. Even though it can be risky, what type of business could best meet Adel’s needs? A. rent-to-own service B. pawnshop C. check cashing business D. payday loan business

Sagot :

GoodGuyBigBoi

Adel could easily just pawn the watch from cash but might not have a 500$ even, I say its B.

jaylennkatrina

Correct Answer: pawnshop

View image jaylennkatrina
We hope this was helpful. Please come back whenever you need more information or answers to your queries. We appreciate your time. Please come back anytime for the latest information and answers to your questions. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.