Question: The primary difference between a secured and unsecured loan is whether the lender charges interest on the debt. b . whether the lender has a
The primary difference between a secured and unsecured loan is
whether the lender charges interest on the debt.
b whether the lender has a claim on specific assets of the borrower in the event of def
whether the borrower can simply surrender the pledged asset to the lender instead o
debt.
all of the above.
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