If you default on your auto loan, your car will be repossessed because it has been pledged as ________ for the loan

A) interest
B) collateral
C) dividend
D) commodity

B

Economics

You might also like to view...

If the rate of growth of output is 10% and the rate of growth of per capita real GDP is 6%, what is the rate of growth of population?

A. 2 B. 4 C. 6 D. 8

Economics

Which of the following taxes is always regressive?

a. a property tax b. an income tax c. a corporate tax on profit d. a 25 percent tax on overtime wages e. a $2 tax on a ticket to the movies

Economics