Credit That Requires Collateral, Which Ensures Payment of the Loan

question 78

Multiple Choice

Credit that requires collateral, which ensures payment of the loan, is referred to as ________.

• A) unsecured credit
• B) secured credit
• C) equal credit
• D) fair credit

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Definitions:

Substance

A particular kind of matter with uniform properties.

Internal Organs

Organs located within the major cavities of the body, responsible for vital functions, such as the heart, liver, and kidneys.

X-rays

Electromagnetic radiation used in medical imaging to generate images of the inside of the body.

Arthrogram

A diagnostic imaging procedure used to visualize internal structures of a joint, typically using X-ray in conjunction with a contrast agent.