Which of the Following Institutions Makes Loans Based on the Value

question 81

Multiple Choice

Which of the following institutions makes loans based on the value of tangible possessions,such as jewelry and other valuables?

• A)Life insurance company
• B)Finance company
• C)Mortgage company
• D)Pawnshop
• E)Investment company

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Definitions:

Breach Victims

Individuals or entities that have suffered harm or loss as a result of a breach of contract, duty, or law.

Social Order

The set of rules, norms, and standards established by a society to maintain and promote organization and cohesion among its members.

Cancelling Contract

The process of legally terminating an agreement before its agreed-upon conclusion, through mutual consent or legal means.

UCC

The Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, aimed at standardizing practices across states.