Creditors Require Collateral in Many Cases, Because

question 175

Multiple Choice

Creditors require collateral in many cases, because

• A) it helps offset the risks of lending the funds.
• B) the borrower is a low risk.
• C) the loan is small.
• D) none of the above.

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Definitions:

EEOC

The Equal Employment Opportunity Commission, a federal agency that administers and enforces civil rights laws against workplace discrimination.

Seek Revenge

The act of attempting to retaliate or inflict harm on someone in response to a grievance or harm suffered at their hands.

Company Assets

Resources owned by a company, both tangible and intangible, that have value and can be used to produce goods or services.

Work Breaks

Short periods of rest taken by employees during work hours to relax and recharge, enhancing productivity and mental well-being.