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All of the following are characteristics of collateral except Select one: a. The value of the collateral should not exceed the value of the loar

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All of the following are characteristics of collateral except Select one: a. The value of the collateral should not exceed the value of the loar b. The lender must be able to ascertain a market for the collateral c. The lender must have a ready market for the collateral d. The collateral claim must be legal and clear CLEAR MY CHOICE

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