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Marshall and Lily are planning to buy a house. The bank asks them to post collateral. What constitute a valid collateral? a. A house b.
Marshall and Lily are planning to buy a house. The bank asks them to post collateral. What constitute a valid collateral?
a. A house
b. Marshall's future earnings after he graduates from law school and becomes a lawyer at Wall Street.
c. Lily's organic food from the family orchard.
d. Lily's membership to the Shopaholic Support Group.
(there can be more than one answer)
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