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If Joan is unable to pay her mortgage, the bank may take her house away from her. Which of the following best describes Joan’s house? A) bankruptcy B) collateral C) credit D) in…

If Joan is unable to pay her mortgage, the bank may take her house away from her. Which of the following best describes Joan’s house? A) bankruptcy B) collateral C) credit D) in…
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20 votes
If Joan is unable to pay her mortgage, the bank may take her house away from her. Which of the following best describes Joan’s house?

A) bankruptcy
B) collateral
C) credit
D) interest

asked
User Avi Pinto
by
8.8k points

2 Answers

5 votes

Answer:

B

Step-by-step explanation:

answered
User Lovespeed
by
7.6k points
11 votes

Answer:

The answer is B) collateral.

answered
User Hretic
by
8.1k points
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