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Question Sally takes out a loan from a bank to purchase a car. The loan is an example of a security. Which of the following is true? Sally is the supplier of the security and the bank is the demander. Sally is the demander of the security and the bank is the supplier. Sally is both the supplier and the demander of the security. Sally is the supplier of the security and the seller of the car is the demander.

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Question

Sally takes out a loan from a bank to purchase a car. The loan is an example of a security.  Which of the

following is true?

Sally is the supplier of the security and the bank is the demander.

Sally is the demander of the security and the bank is the supplier.

Sally is both the supplier and the demander of the security.

Sally is the supplier of the security and the seller of the car is the demander. 

 
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