For Each Item, Select the Underlined Part That Contains an Error

question 35

Multiple Choice

For each item, select the underlined part that contains an error. When most people are ask to visualize what makes them happy , they pick experiences, not things.

• A) people are ask to visualize
• B) them happy ,
• C) experiences, not things.

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Definitions:

Collateral

Assets pledged as security for the repayment of a loan, forfeitable in the event of a default.

Secured Creditor

A creditor with the advantage of a security interest in assets of the debtor, offering protection for the credit extended.

Security Interest

is a legal claim or right granted over assets as collateral to secure the performance of an obligation, usually the repayment of a loan.

Security Interest

A legal claim or lien on property or assets, granted to secure the performance of an obligation or repayment of a debt.