A Valuable Asset Pledged to Assure Loan Payments and Subject

question 64

Multiple Choice

A valuable asset pledged to assure loan payments and subject to seizure upon default is called:

• A) capacity.
• B) character.
• C) capital.
• D) collateral.
• E) conditions.

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Definitions:

Narcissism

Narcissism is a personality trait characterized by an inflated sense of self-importance, a deep need for excessive attention and admiration, and a lack of empathy for others.

Extraversion

A personality trait characterized by sociability, enthusiasm, and assertiveness, indicating an outward turning of emotional energy.

Self-concept

An idea of the self constructed from the beliefs one holds about oneself and the responses of others.

Congruent

In psychology, congruence refers to harmony and alignment between an individual's internal feelings, thoughts, and their external behaviors and situation.