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Professor White asked his students to put the number of hours each studied for the final exam on a piece of paper and turn that paper in with the exam.The pieces of paper indicate that students studied 10,3,4,25,1,4,4,12,6,8 and 10 hours.What is the modal number of hours studied?
Attachment
The point at which a creditor becomes the secured party that has a security interest in the collateral.
Secured Party
A lender or creditor who has an interest, typically a lien, in the collateral offered by the debtor in a secured transaction.
Collateral
Assets that a borrower offers to a lender to secure a loan, which the lender may seize in the event of loan default.
Intangibles
Assets that lack physical form but have value, such as intellectual property or goodwill.
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