13) When assessing industries, it is important to not just have a view on the life cycle and maturity of the broader industry, but also to have a view on the life cycle of the products within the industry, and the possibility that some products or services may have shorter lifecycles and may need frequent refreshing or innovation. Amongst the choices below, identify the industry that is likely to witness the least churn of underlying products Consumer products Automobiles Personal Computers Oil and Gas Single choice 14) Effective subordination exists when The lender's priority of claim on the cash flows of the borrower ranks behind other creditors' claims by virtue of timing The lender's priority of claim on the assets and cash flows of the borrower contractually rank behind other creditor's claim Other creditors have better, direct access to the assets and cash flows of group companies The lender's priority of claim on the assets or cash flows of the borrower's ranks behind other creditors' claim by virtue of legal preference Single choice 15) Which of the following assets is not considered acceptable collateral in KSA? O Plant and Machinery Raw Materials Livestock Buildings