After a long meeting with some executives of the company, Jane enters an elevator in the building owned by Hi-Flyer, Inc., and presses the button for the floor she wants to reach. The doors to the elevator close and suddenly the elevator goes into free fall, stopping abruptly at the lobby. Jane is seriously hurt and sues Hi-Flyer for damages. Upon receipt of the complaint, Hi-Flyer moves for summary judgment, noting that, while it is clear that Jane did fall, she has never proven, or for that matter even offered a theory as to why the elevator functioned incorrectly. Therefore, argues Hi-Flyer, there is no evidence that they were at fault. What is the ruling of the Court?

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

The letter c i’m pretty sure