________ Is an Interest a Creditor Automatically Obtains When He

question 46

Multiple Choice

________ is an interest a creditor automatically obtains when he or she extends credit to a consumer to purchase consumer goods.

• A)Purchase money security interest
• B)Cumulative security interest
• C)Future advance monetary interest
• D)Default interest

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Definitions:

Water Molecule

A chemical entity consisting of one oxygen and two hydrogen atoms, connected by covalent bonds, essential for most forms of life.

Electronegativity

A measure of an atom's ability to attract and hold electrons within a chemical bond.

Cations

Positively charged atoms.

Electrons

Subatomic particles with a negative charge, orbiting the nucleus of an atom and involved in chemical bonding and electricity.