Question
(SECURED TRANSACTIONS) City Manufacturing Corporation produces solar panels and sells them to dealers across Canada on credit. City's sole shareholder is Jerome who has made
(SECURED TRANSACTIONS) City Manufacturing Corporation produces solar panels and sells them to dealers across Canada on credit. City's sole shareholder is Jerome who has made an enormous amount of money in numerous high-tech businesses. City is negotiating to borrow $100,000.00 from the bank. The bank has some concerns regarding City's ability to repay the loan. 8 | P a g e If you were advising the bank what are the strategies that you could suggest that would be appropriate to manage the risk that City would not be able repay the loan?
Identifies all, applicable legal issues Articulates the legal issues in a clear, well-reasoned manner Is free of grammatical, syntax, spelling and punctuation errors Demonstrates insight, creativity and depth of knowledge by offering appropriate comparisons and examples as a means of illustrating the point and Is organized under appropriate headings or subheadings.
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