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Collaterals and guarantees are all of the following except: rials a. something a borrower would want to include when negotiating a loan b. assets a

Collaterals and guarantees are all of the following except:

rials

a. something a borrower would want to include when negotiating a loan

b. assets a lender asks for and accepts as security for a loan

c. for the protection of the lender in case the loan defaults

d. personal guarantees are more risky for the borrower than collaterals

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