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Collateral is Question 5 options: A) property that is pledged to the lender if a borrower cannot make his or her debt payments. B) a
Collateral is
Question 5 options:
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| A) | property that is pledged to the lender if a borrower cannot make his or her debt payments. |
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| B) | a prevalent feature of debt contracts for households. |
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| C) | a prevalent feature of debt contracts for businesses. |
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| D) | All of these. |
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| E) | only property that is pledged to the lender if a borrower cannot make his or her debt payments and a prevalent feature of debt contracts for businesses. |
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