Why would a lender offer unsecured short-term loans when it could demand collateral?

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Foundations of Business

ISBN: 978-1337386920

6th edition

Authors: William M. Pride, Robert J. Hughes, Jack R. Kapoor

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Question Posted: May 06, 2019 08:10 AM

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Why would a lender offer unsecured short-term loans when it could demand collateral?

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A lender would offer unsecured shortterm loans to accommodate small com...View the full answer

Foundations of Business

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