A Short-Term Loan Where Collateral Is Not Required Is Called

question 105

Multiple Choice

A short-term loan where collateral is not required is called a/an

• A) Unsecured loan
• B) Secured loan
• C) Line of credit
• D) Demand note

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Definitions:

Grows Less Rapidly

Describes a slower rate of growth or development compared to the normal or expected speed.

Maximum Number

The highest value or quantity that is possible or allowed.

Particular Environment

Refers to a specific or unique environmental setting where living organisms interact and environmental conditions prevail.

Uniformly Distributed

Describes how items or values are spread out equally across a given area or volume, not clustering more densely in one part than in others.