If You Default on Your Auto Loan,your Car Will Be

question 38

Multiple Choice

If you default on your auto loan,your car will be repossessed because it has been pledged as ________ for the loan.

• A)interest
• B)collateral
• C)dividend
• D)commodity

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Definitions:

Social Factors

Elements within a society that influence the behavior, attitudes, and development of its members, such as family, education, and economic status.

Conduct Disorder

A pattern of repetitive behavior in which the rights of others or social norms are violated.

Fast Track

A process or method that accelerates the usual progression or treatment of something, often used in contexts like project management, clinical trials, or education.

Intervention

Actions or processes of intervening, often aimed at solving a problem or improving a situation, especially in a health or educational context.