Which describes the difference between secured and unsecured credit?

Step-by-step explanation:

When a lender lends credit say for purchase of a car or a house, the lender will get some security for his safety of funds.  In case of default, he resorts to selling the security and getting his credit adjusted.

Example: housing loan, car loan, etc.

When a credit is extended without any collateral security or prime security is it unsecured.  Example, credit cards, student loans, personal loans.  These are given only depending on the reputation of the borrower without any other security to be sold in case of default.

b. y = 4x - 2

step-by-step explanation:

to find a parallel equation to an equation, make sure both equations have the same slope but different y-intercepts.

y = 4x + 1

4 = slope

1 = y-intercept

y = 4x - 2

4 = slope

-2 = y-intercept

they both have the same slope but different y-intercepts, so, b. is the correct answer.

and to check your work, you can graph both equations. : )

x is the total time in minutes for the free response

you are given number of questions as 15 - m and time per item as 8 minutes

to find x multiply the two givens together:

x = 8 * (15-m) = 8(15-m)