Explain why collateral alone does not justify extending credit. Cite examples, using real estate or agricultural products

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Explain why collateral alone does not justify extending credit. Cite examples, using real estate or agricultural products as collateral.

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Bank Management

ISBN: 978-1133494683

8th edition

Authors: Timothy W. Koch, S. Scott MacDonald

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Question Posted: Nov 03, 2015 06:01 AM

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Explain why collateral alone does not justify extending credit. Cite examples, using real estate or agricultural products

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Collateral is a back up source of repayment and shoul...View the full answer

Bank Management

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