After each of the following sentences, a list of possible interpretations of the sentence is given. Choose the interpretation that you consider most appropr...

After each of the following sentences, a list of possible interpretations of the sentence is given. Choose the interpretation that you consider most appropriate for each sentence.
The loan was taken on a gentleman''s agreement. This mean that

Answer Details

The most appropriate interpretation for the sentence "The loan was taken on a gentleman's agreement" is that there was no documentation of the loan. This means that the loan was granted based on a verbal agreement or understanding between the parties involved, without any written contract or legal documentation to support it. A "gentleman's agreement" is a term used to describe a non-binding agreement or understanding between two parties, typically based on trust and mutual respect. While such agreements are considered valid and legally enforceable, they are not as formal or binding as written contracts.