jaidynjohnson7
jaidynjohnson7 jaidynjohnson7
  • 04-05-2020
  • Mathematics
contestada

Secured debts must have
A. a mortgage
B. certified lenders
C. collateral
D. low interest rates

Respuesta :

ihveaddictions
ihveaddictions ihveaddictions
  • 04-05-2020

Answer:

C. Collateral

Step-by-step explanation:

Secured debts are secured by an asset, such as a house or car. The asset serves as collateral for the debt (hence why it's called a "secured" debt). Lenders place a lien on the asset, giving them the right to seize (e.g., repossess or foreclose) it if you become delinquent.

Answer Link

Otras preguntas

Is the following a fixed or a variable expense? Car Loan Payment Question 2 options: A) Fixed Expense B) Variable Expense
did i do this right?
On an average Saturday, 15% of tickets sold are child tickets. If there were 460 tickets sold on Saturday, how many were sold to children?
Maya Lin’s Vietnam Veterans War Memorial is
If you could live in a movie, which one would it be and why?
what was the name of the puritan group that wanted to separate from the church of England?A. Quakers B. Pilgrims C. Catholics D. Dissenters E. Jews​
POTW 2 Jo needs an 85% average on her five math tests. She earned 99%, 85%, 79%, and 88% on her first four tests. What score must she earn on her fifth test in
A rectangular prism is 20 meters long, 13 meters wide, and 20 meters high. What is the surface area of the rectangular prism?
Oraciones en francés con une
Help me with ex.1 pleaseeee