A legal claim permitting the lender in case the borrower defaults, to liquidate the items serving as collateral to satis
Posted: Thu Jul 21, 2022 8:57 pm
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. Chattel mortgage
B. Lien
C. Collateral note
D. Loan application