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Q.

What will all lenders demand against loans?


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a

Collateral (security)

b

Interest rate

c

Both 1) and 2)

d

Assets 

answer is C.

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Detailed Solution

Lenders demand collateral and interest rates against loans.
Each loan agreement stipulates the borrower must pay the lender in addition to the principal repayment. In addition, lenders could want security (collateral) for loans. One of the assets the borrower owns is the property, including a structure, a car, livestock, and bank deposits.
 
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