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Stion 27 Which of the following is correct with regard to collateral? vet ered ed out of lag tion Select one: O a. Banks are

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Stion 27 Which of the following is correct with regard to collateral? vet ered ed out of lag tion Select one: O a. Banks are most impressed with debt investment. O b. Collateral can be seized by the lender if the loan is not repaid according to specified terms. O c. It refers to business (but not personal) assets that a borrower uses to secure a loan or other credit. O d. It consists of tangible assets like buildings as well as intangible assets like goodwill e. It refers to personal (but not business) assets that a borrower uses to secure a loan or other credit. Previous page Next page Practice

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