Sia
Question
World History
Posted 10 months ago
A credit source that is not guaranteed with collateral.
A) unsecured debt
B) grace period
Cminimum payment
D credit report
E) liability
Sign in to unlock the answer
Answer from Sia
Posted 10 months ago
A
Key Concept
Unsecured Debt
Explanation
Unsecured debt refers to loans or credit that do not require collateral. If the borrower defaults, the lender has no claim on any specific asset of the borrower.
Not the question you are looking for? Ask here!
Enter question by text
Enter question by image
Unlock Smarter Learning with AskSia Super!
Join Super, our all-in-one AI solution that can greatly improve your learning efficiency.
30% higher accuracy than GPT-4o
Entire learning journey support
The most student-friendly features
Study Other Question