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Question 4 Not yet answered Marked out of 1.00 '7 Flag question Banks take collateral to secure the obligations of people who owe them money

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Question 4 Not yet answered Marked out of 1.00 \\'7 Flag question Banks take collateral to secure the obligations of people who owe them money as a way to reduce the risks assoc non-payment. Having a security interest in collateral will not prevent a debtor from defaulting but will reduce the the bank will be unable to recover what it is owed. Select one: I Quomeal. \"was

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