menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Money Banking and Financial Markets
  4. Exam
    Exam 8: An Economic Analysis of Financial Structure
  5. Question
    Property That Is Pledged to the Lender in the Event
Solved

Property That Is Pledged to the Lender in the Event

Question 39

Question 39

Multiple Choice

Property that is pledged to the lender in the event that a borrower cannot make his or her debt payment is called


A) collateral.
B) points.
C) interest.
D) good faith money.

Correct Answer:

verifed

Verified

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

Related Questions

Q34: A key finding of the economic analysis

Q35: The analysis of how asymmetric information problems

Q36: Which of the following statements concerning external

Q37: In the United States,the government agency requiring

Q38: If you default on your auto loan,your

Q40: Government regulations designed to reduce the moral

Q41: A _ is a provision that restricts

Q42: The concept of adverse selection helps to

Q43: Credit card debt is<br>A)secured debt.<br>B)unsecured debt.<br>C)restricted debt.<br>D)unrestricted

Q44: Although restrictive covenants can potentially reduce moral

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