menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    The Legal and Regulatory Study Set 1
  4. Exam
    Exam 7: The Property System
  5. Question
    A Valuable Object Given by a Debtor to a Creditor
Solved

A Valuable Object Given by a Debtor to a Creditor

Question 52

Question 52

Multiple Choice

A valuable object given by a debtor to a creditor to secure a loan is referred to as the _____.


A) collateral
B) attachment
C) lien
D) easement
E) reversion

Correct Answer:

verifed

Verified

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

Related Questions

Q47: What steps must be taken for a

Q49: Sarah has given 24 acres of land

Q50: Which of the following types of easement

Q52: What is the difference between a public

Q53: Define and contrast private property, public property,

Q54: Which of the following is NOT a

Q55: Name two items on an average university

Q56: The Supreme Court has stated that it

Q57: What is the difference between attachment and

Q75: The _ limits all exercise of property

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