Examlex

Solved

Which of the Following Is Not a Requirement of Effective

question 68

Multiple Choice

Which of the following is not a requirement of effective passwords?


Definitions:

Unsecured Creditor

A creditor who has extended credit without obtaining any collateral, making them more vulnerable in the event of debtor default.

Secured Creditor

A creditor that may look to particular assets of the debtor to ensure payment of the debt.

Chattel Mortgage

A chattel mortgage is a loan agreement where personal movable property is used as collateral for the loan, and the borrower retains possession while the lender has a security interest.

Registered

The status of having officially recorded information in a formal registry or database, typically to confirm authenticity or compliance.

Related Questions