Security Obtained Through Operation of Law Is Known as A

question 8

Multiple Choice

Security obtained through operation of law is known as a:

• A)pledge.
• B)bequest.
• C)lien.
• D)collateral.
• E)mortgage.

---

Definitions:

Result

The outcome or final value obtained after performing a calculation or a series of operations.

Final Value

The ultimate quantity or result that is arrived at after all calculations or changes have been applied.

Result

The consequence or effect obtained after performing a specific action or series of actions.

Original Amount

The initial sum of money before any changes, such as appreciation, depreciation, or interest, have been applied.