A legal claim permitting the lender in case the borrower defaults, to liquidate the items serving as collateral to satisfy the obligation is called:
A. Chattel mortgage
B. Lien
C. Collateral note
D. Loan application
A legal claim permitting the lender in case the borrower defaults, to liquidate the items serving as collateral to satis
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A legal claim permitting the lender in case the borrower defaults, to liquidate the items serving as collateral to satis
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