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Assets of value promised to the lender as compensation if the borrower defaults are called: A . deductibles B . collateral C . restrictive covenants
Assets of value promised to the lender as compensation if the borrower defaults
are called:
A deductibles
B collateral
C restrictive covenants
D contingencies
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
