There can never be a tyrant or a long because of the 3 party system.
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!
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Not very sure tho lol hope dis helps
This was the Mughal Empire - it was ruling the area from around 1520 and continued having power until 1857, when the British Crown took control of the land. Today the period after the Mughal Empire is refereed to as British Raj.
The Mughal Empire used Persian and Urdu as the main languages (althought many other languages were spoken too).
Philippines are not currently a US territory while the others are, excluding Cuba because it has never been in alliance with the states