Time left 0:55:47 Question 3 Not yet answered Marked out of 1.00 Flag question Question text First Statement: Verification of the applicant's personal and credit reputation can be done through third-party inquiries. Second Statement: Spurious titles of property can be accepted as collateral to obtain credit. Question 3Select one: a. Only first statement is true b. Both statements are true c. Only second statement is true d. Both statements are false