Corey loaned Tori $8,000 and took back a note secured by Tori's car. If Tori files for bankruptcy when the value of the car is $4,500, what is Corey's status? He has:
A) a secured claim for $4,500.
B) an unsecured claim for $8,000.
C) an unsecured claim for $4,500.
D) a secured claim for $8,000.
A
Business
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A. credit risk. B. market risk. C. currency risk. D. liquidity risk. E. political risk.
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