Which of the following forms of securing a loan is the safest one? A. Lien B. Assignment C. Pledge D. Hypothecation E. Mortgage

1 Answer

Answer :

C. Pledge Explanation: A pledged asset is collateral pledged by a borrower to a lender (usually in return for a loan). The lender has the right to seize the collateral if the borrower defaults on the obligation.

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