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  3. Study Set
    CFIN4
  4. Exam
    Exam 17: Financial Planning and Control
  5. Question
    A Loan That Is Backed by Collateral Is A(n) Loan
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A Loan That Is Backed by Collateral Is A(n) Loan

Question 1

Question 1

Multiple Choice

A loan that is backed by collateral is a(n) loan.


A) senior
B) amortized
C) subordinate
D) commercial
E) secured

Correct Answer:

verifed

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