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.
Two halves. Northern and Southern Hemispheres.
Answer:
physiological
Explanation:
Since Ethan was on a long day trekking in the mountains his hunger is a normal function of his biology to recover.
Physiological, an adjective relating to the branch of biology that deals with the normal functions of living organisms and their parts.
Answer: Rule of a law is a system that puts everyone into check, even the system itself.
Explanation:
Rule of a law is a system that puts everyone into check, even the system itself. They are laws which places everyone including institutions under accountability. No one is above the laws and no one is treated partially when they law is considered very well even those elected into positions that implement the law; they are all under the law. The rule of law helps to keep the society in a sane condition, mainly to avoid unfair treatment between one another.
The various features of rule of law are;
1) Equality and non-discrimination
2). Legal certainty
3) Transparency
4) Access to justice
