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    Personal Finance Study Set 5
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    Exam 6: Introduction to Consumer Credit
  5. Question
    A Valuable Asset Pledged to Obtain a Loan and Subject
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A Valuable Asset Pledged to Obtain a Loan and Subject

Question 35

Question 35

Multiple Choice

A valuable asset pledged to obtain a loan and subject to seizure upon default to satisfy the debt is called:


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

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