Question: QUESTION 16 The Acceleration clause states: You must keep insurance on the item that's being used as collateral for the loan Tells the repercussions of

QUESTION 16 The Acceleration clause states: You must keep insurance on the item that's being used as collateral for the loan Tells the repercussions of failure to pay for the loan Tells what actions can be taken by the lender in case of default States if you miss one payment the entire loan is due immediately

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