Only Stocks Can Be Used as Collateral for Personal Loans

question 88

True/False

Only stocks can be used as collateral for personal loans.

---

Definitions:

Material Culture

The objects associated with a cultural group, such as tools, machines, utensils, buildings, and artwork; any physical object to which we give social meaning.

Plastic Objects

Items made from polymer-based materials, versatile in use and present in various aspects of daily life, from packaging to household goods.

American Culture

A complex system characterized by a diverse mix of beliefs, customs, arts, and traditions shaped by the history and wide-ranging ethnic backgrounds of the United States.

Ethnocentrism

The principle of using one’s own culture as a means or standard by which to evaluate another group or individual, leading to the view that cultures other than one’s own are abnormal or inferior.