A. the right of a lender to sell collateral to get back the principal if the borrower cannot repay the loan
B. the right of a lender to refuse a loan if the borrower hasn't repaid previous loans on time
C. the right of a lender to increase interest rates depending on economic factors
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Home » Business » Which of these statements describes a lien? A. the right of a lender to sell collateral to get back the principal if the borrower cannot repay the loan B. the right of a lender to refuse a loan if the borrower hasn't repaid previous loans on time C.