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IgorLugansk [536]
3 years ago
14

Loan collateral is:

History
1 answer:
Romashka [77]3 years ago
7 0

Answer: C. Property securing the loan.

Explanation:

The Loan collateral is the asset that the lender can claim in case the borrower is unable to pay off the debt. The lender can then sell this asset and use the proceeds to recoup some or all of the money they lent out.

There are various types of mortgages and they depend on the type of loan. For instance, mortgage loans use property as their collateral. There are however loans that can take cars, investment accounts or even valuable antique collections as collateral.

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<em>Hello There the Correct answer is A. Sorry I came so late... Because of the The German tribes were Visigoths, Ostrogoths, Vandals, Alemanni, Franks, etc. By the Romans and Roman Aristocrates, they are called barbarians, robust people because of their physical constitution. Although they had tribal assemblies based on free voters and laws established on tribal customs, they were called barbers, among the other reasons, due to many of the writings of the then Roman historians. In these writings they were described as a proud people who loved war more than work, they liked to drink beer, gambling, etc. They despised the work and all household and agricultural jobs were shifted to women and slaves. The German society was tribal, with a strong sense of loyalty and kinship, model of simplicity and virtue, not a civil society.</em>

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