Homework Clinic

Social Science Clinic => Business => Topic started by: michelleunicorn on Jun 24, 2018

Title: With a secured loan, such as a home loan, retaking the collateral generally ensures the lender will ...
Post by: michelleunicorn on Jun 24, 2018
With a secured loan, such as a home loan, retaking the collateral generally ensures the lender will recover most or all of its costs.
  Indicate whether the statement is true or false

Question 2

After losing a home and having it sold at auction, a homeowner can be assured that all his or her debts to the lender have been discharged.
  Indicate whether the statement is true or false
Title: With a secured loan, such as a home loan, retaking the collateral generally ensures the lender will ...
Post by: Loise Hard on Jun 24, 2018
Answer to Question 1

F

Answer to Question 2

F