Taking a sociological perspective would mean, according to eitzen, zinn and smith the ignoring of the normal assumptions of society and questioning what is normally taken for granted.
Sociological perspective refers to the understanding of the very human behavior by taking them within the broader social context.
Eitzen, zinn and smith together wrote a book called the Social Problems. They talk about the sociological perspective and its implication in detail in this book.
As per them this perspective would lead to ignorance of the normal assumptions and also question regarding what is taken for granted. Thus, this is the answer.
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I believe the answer is an asset. Any asset has to account for its ability to cover a loan and it's fees...example, if you own a property that is rented to a consumer for farming purposes, whatever the farmer plants, or for grazing purposes, that is the farmer's asset to cover they're loan. if they become delinquent in the payment, that gives the loaner the right to seize that asset for payment of a loan.