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Setler [38]
3 years ago
7

Which of the following is true of an unsecured loan?

Business
2 answers:
Ilya [14]3 years ago
7 0

The statement "The value of an item where the borrowers owned but they are not at the repossession risk" is to be true.

The unsecured loan is the type of loan in which there is no need for any type of collateral property.

The lender does not takes the assets of the borrower as the security but it gives the approval of an unsecured loan depends upon the creditworthiness of the borrower.

Examples are:

  • Personal loans.
  • Students loans.
  • Credit cards.

The following information related to unsecured loans is

  1. It does not for cars, houses, or any other large purchases
  2. In this, the collateral does not involve.
  3. It contains high interest.

Therefore we can conclude that,  option d is correct.

Learn more about the unsecured loan here: brainly.com/question/8347317

Nina [5.8K]3 years ago
4 0

Answer:

B

Explanation:

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<h3><u>What is average variable expense formula?</u></h3>

The variable cost per unit in economics is the average irregular cost. By dividing the overall variable cost by the output, one may get the average variable cost. In the near term, the businesses utilize the average changing cost to choose when to end their presentation.

<h3><u>How do you calculate variable cost examples?</u></h3>

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2 years ago
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AlexFokin [52]

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3 years ago
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Answer:

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