Rights of lender against collaterals
harish2022:
hii rishita
Answers
Answered by
233
here is your answer
❤❤❤❤❤❤❤❤❤
________________________________
________________________________
_____________________________
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
________________________________
If the borrower defaults on a loan, the lender would have the rightto acquire the collateral in an attempt to pay off the remaining debt. ... Collateral itself is property or another asset that a borrower offers as a way for a lender to secure the loan.
________________________________
________________________________
hope this helps you ✌✌✌
________________________________
________________________________
please mark it as brainliest ❤☺❤
________________________________
________________________________
☝️
________________________________
Similar questions