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_____________ Is Defined as Any Extension of Credit with Respect

Question 24

Multiple Choice

_____________ is defined as any extension of credit with respect to which is the understanding of the creditor and the debtor at the time the loan is made that delay in making repayment or failure to make repayment could result in the use of violence or other criminal means to cause the harm to the person, reputation, or property of any person.


A) Credit debt
B) Loan shark debt
C) Gambling debt
D) Lender's fee

Correct Answer:

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