Answer:
(1). Secured loans
Collateral is generally required for secured loans. Secured loan are those for which the borrower, along with a promise to repay, puts up some asset (collateral) as surety for the loan. A secured loan instrument simply means that in the event of default, the lender can use the asset to repay the funds it has advanced the borrower. The risk of default on a secured loans tends to be relatively low since the borrower has so much more to lose by neglecting his financial obligation. Secured loans financing is typically easier for most consumers to obtain. As this type of loan carries less risk for the lender, interest rates are usually lower for a secured loan.
(2). Higher interests rates.
People who get loans but are considered a risk to fully repay them, often get higher interest rate. Because the risk to the lender is increased relative to that of secured debt, interest rates on unsecured debt tend to be correspondingly higher. However, the rate of interest on various debt instruments is largely dependent on the reliability of the issuing entity. An unsecured loan to an individual may carry astronomical interest rates because of the high risk of default.
(3). Higher total payment.
An unsecured loan to an individual may carry astronomical interest rates because of the high risk of default. Lenders issue funds in an unsecured loan based solely on the borrower's creditworthiness and promise to repay. Unsecured loan has no collateral backing, It involves no security, Hence, If the borrower defaults on this type of debt, the lender must initiate a lawsuit to collect what is owed.
Answer:
Informational social influence
Explanation:
Informational social influence refers to action by which one person looks at the behaviors of others who are also in the same or similar situation to see how they behave. Then, this person can follow their lead. This action often happens when the person assumes that the other people know better and know how to behave in a situation and act accordingly.
In this case Samuela doesn't pay attention in class nor she studies. However <u>she's constantly looking for opportunities to cheat, looking at their neighbor's answers and assuming that they know better.</u>
We can see that <u>Manuela looks at the behaviors of the other students and their answers in order to follow their lead assuming they do know the answers.</u> Therefore, <u>her answers are based on informational social influence. </u>
Based on the question above, I have provided the missing
information to completely answer the question.
The correct answer is that the events “male” and “bet on professional sports”
are not mutually exclusive, so it is a no. The reason to this is because a
person can exist as both male and bet on the professional sports. The correct
answer is letter c.
