Even an Unsecured Personal Loan Should Be Backed by Collateral

question 98

True/False

Even an unsecured personal loan should be backed by collateral.

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Definitions:

Pregnancy

The condition of carrying one or more embryos or fetuses within the womb.

Psychological Traits

Enduring characteristics of individuals that influence their behavior and thoughts.

Equal Opportunity Commission

A government body dedicated to enforcing laws that prohibit discrimination in the workplace and ensuring equal employment opportunities for all.

Construct Validity

The extent to which a test or instrument measures the theoretical construct or trait it is intended to measure.