When Alan bought his car, the bank gave him 24 months to repay his car loan. But when Alan made a request to increase the time frame to 36 months, the bank granted the extension. The bank was willing to offer Alan a ________.
A) longer payment term
B) warranty contract
C) service contract
D) special customer price
E) special event price

Question

Quizplus · Accepted Answer

The question mentions that the bank gave Alan an extension on his repayment period, which means they granted him a longer payment term. Therefore, the correct answer is A) longer payment term. The other options, such as warranty contracts and service contracts, are not mentioned in the question and are unrelated to the bank's decision to extend the payment term. Similarly, there is no reference to special customer or event prices.

When Alan Bought His Car, the Bank Gave Him 24