Property That Is Pledged to the Lender in the Event

question 39

Multiple Choice

Property that is pledged to the lender in the event that a borrower cannot make his or her debt payment is called

• A)collateral.
• B)points.
• C)interest.
• D)good faith money.

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Definitions:

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Slow-moving, terrestrial turtles often characterized by a dome-shaped shell and long lifespan.

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The four sections created when a plane is divided by its horizontal and vertical axes, often used in mathematics, graphing, and strategic analysis.

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Portable or semi-portable machines, generally used on tabletops, countertops, or other platforms, to accomplish a household task.

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