You needed to add the Answer Choices to the question...
The Homebrew Computer Club in Menlo Park, California.
The bank wants to give you an incentive to pay back the loan. If they did not hold your assets as collateral, you could simply fail to pay back the loan and really not lose anything other than your credit score. Many borrowers already have tarnished credit scores, so that is rarely enough incentive to base a loan on.
I would put this into your own words considering I copied and pasted it. Other than that I hope this helps!
The correct answer is Christopher Columbus.
Christopher Columbus is the European explorer credited with being the first European explorer to encounter the Americas. In his first voyage in 1492, Columbus landed in Hispaniola (modern day Dominican Republic). This encounter lead to several other European explorers setting out to colonize these new lands as a means to gain wealth.
