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    Personal Finance Study Set 4
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    Exam 6: Introduction to Consumer Credit
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    A Valuable Asset Pledged to Assure Loan Payments and Subject
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A Valuable Asset Pledged to Assure Loan Payments and Subject

Question 64

Question 64

Multiple Choice

A valuable asset pledged to assure loan payments and subject to seizure upon default is called:


A) capacity.
B) character.
C) capital.
D) collateral.
E) conditions.

Correct Answer:

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