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Andre Fournier has had a preoccupation with fears of having a serious life-threatening disease. He has consulted many doctors over the past several years about this. According to Andre, there has been no evidence of any viable disease process going on for him and he states, "While all the docs tell me that I'm perfectly fine, I know they're wrong. They just haven't found my cancer yet". Andre's preoccupation with his health is indicative of:
Unsecured Credit
A type of credit that is not backed by collateral, meaning the lender relies on the borrower's creditworthiness rather than security in case of default.
Unsecured Credit
A type of credit not backed by collateral, where the lender relies on the borrower's creditworthiness rather than securing assets.
Goods
Items or merchandise that are manufactured or produced for sale.
Chattel Mortgage
A loan agreement where personal movable property is used as collateral for the loan, and the borrower retains possession of the property while repaying the loan.
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