12.When a lender is assessing the primary types of collateral, what is the typical treatment of specific securities such as nonpublicly-traded stocks and restricted stocks?

Select one:

a.such securities are identified as primary sources of repayment by lenders

b.such securities are usually avoided by lenders

c.such securities are identified as secondary sources of repayment by lenders

d.such securities are identified as tertiary sources of repayment by lenders