All of the Following Statements Are True About When Secured

Multiple Choice

All of the following statements are true about when secured transactions are used, except

A) The lender views a borrower's credit history as risky.
B) The UCC requires that all loans must be a secured transaction.
C) The lender feels contractual obligations may not be enough for the debtor to honor her obligations.
D) The borrower will generally benefit from lower interest rates.