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_________ is a legal note giving to the lender the right to sell collateral if the borrower defaults on the obligation.

Posted: Thu Jul 21, 2022 8:57 pm
by answerhappygod
_________ is a legal note giving to the lender the right to sell collateral if the borrower defaults on the obligation.

A. Chattel mortgage
B. Lien
C. Collateral note
D. Loan application