menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law
  4. Exam
    Exam 26: Credit,Mortgages,and Debtor's Rights
  5. Question
    The Creditor Who Has to Rely on Collateral to Secure
Solved

The Creditor Who Has to Rely on Collateral to Secure

Question 44

Question 44

True/False

The creditor who has to rely on collateral to secure payment is known as an unsecured creditor.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: The primary function of collateral is to

Q18: Regulation Z is an administrative agency regulation

Q41: What is the statutory period of redemption?<br>A)The

Q42: Ethan purchases a house for $250, 000.He

Q45: Alan wins a $50, 000 judgment against

Q46: Which of the following real property transactions

Q47: A _ is a judgment of a

Q48: Tim has been approached by Kent regarding

Q49: When is a creditor referred to as

Q64: To which of the following type of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines