Which of the following would a business law professor most likely indicate to be a distinguishing characteristic of an unsecured debt?

Name: Which of the following would a business law professor most likely indicate to be a distinguishing characteristic of an unsecured debt?
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Question

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An unsecured debt is characterized by the absence of a security interest in the debtor's assets. This means that the creditor has no claim to any specific property owned by the debtor in the event of default.

Which of the Following Would a Business Law Professor Most