Answers OR-Grade 8 US History Managing Financial InformationQuestion 5

5

QuizMultiple Choice

Managing Financial Information

Question 5 • OR-Grade 8 US History

What is collateral?

Answer

A

a type of unsecured credit

B

property given as security for a loan

C

funds borrowed to buy property

D

a payment to reduce overall debt

More from this Course

10 verified answers

Making Spending Decisions

10 verified answers

How Credit Works

10 verified answers

Making Spending Decisions

What is collateral?