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:
Authoritative parenting
Explanation:
According to Baumrind there are four types of parenting styles: authoritarian, authoritative, negligent, and permissive.
The authoritative parenting style tends to set clear expectations for the child along with adequate support and nurturing.
Reasons are given to the child for an expected behaviour. So the child tends to be disciplined and able to think for themselves even when the parents are not there.
Communication occurs constantly between the child and the parent.
The given scenario exemplifies this when Angela's parents express clearly what is expected from her and why. They are generally warm and supportive of her and do not hesitate to show her affection and respect. She generally behaves whether her parents are with her or not.
Answer:
In 1812, with American merchants suffering because of trade restrictions and the British showing no signs of changing their policy towards the United States, Madison asked Congress to declare war on Great Britain.
Explanation:
The war continued for two years, with limited success for the United States.
