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  3. Study Set
    Contemporary Business Law
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    Exam 24: Bankruptcy and Reorganization
  5. Question
    If the Value of the Collateral Securing the Secured Loan
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If the Value of the Collateral Securing the Secured Loan

Question 14

Question 14

True/False

If the value of the collateral securing the secured loan exceeds the secured interest,the secured creditor is referred to as an undersecured creditor.

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