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A(n) ______ is a type of legal claim (lien) against a firm's inventory when it is used as collateral for a loan and the goods

A(n) ______ is a type of legal claim (lien) against a firm's inventory when it is used as collateral for a loan and the goods are relatively high priced, slow moving, and easy to identify individually using serial numbers or other distinguishing characteristics.

a. note payable

b. trust receipt

c. blanket lien

d. bond indenture

e.recourse inventories order

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