Which of the following is a type of loan for which no collateral is pledged?
A) Commercial loan
B) Signature loan
C) Character loan
D) Unsecured loan
E) Guaranteed loan
Correct Answer:
Verified
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Q21: Colleen agrees, for nothing, to stand as
Q22: Able induced Baker to stand as surety
Q23: A defense for a surety is the
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Q26: Goods, other than farm products, held by
Q27: A surety has a right to reimbursement
Q28: Colleen agrees to co-sign a note with
Q29: A surety agreement must always be written
Q30: Dorothy bought a computer for home use,
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