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Collateral is required as enhancement of the borrowers credit. Elaborate on the purpose and extent of offering security from the perspective of the borrower.?
Collateral is required as enhancement of the borrower’s credit. Elaborate on the purpose and extent of offering security from the perspective of the borrower.?
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Collateral serves as a form of security provided by the borrower to the lender to enhance the borrowers creditworthiness and mitigate the lenders risk ...
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
