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    Personal Financial Planning Study Set 6
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    Exam 7: Using Consumer Loans
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    A Legal Claim That Allows Creditors to Liquidate Loan Collateral
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A Legal Claim That Allows Creditors to Liquidate Loan Collateral

Question 76

Question 76

Multiple Choice

A legal claim that allows creditors to liquidate loan collateral is a:


A) loan application.
B) note.
C) security claim.
D) lien.
E) loan rollover.

Correct Answer:

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