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    Principles of Corporate Finance Study Set 4
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    Exam 15: Management of Current Liabilities
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    Appropriate Collateral for a Loan Secured Under a Trust Receipt
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Appropriate Collateral for a Loan Secured Under a Trust Receipt

Question 124

Question 124

Multiple Choice

Appropriate collateral for a loan secured under a trust receipt inventory loan is


A) bananas.
B) recreation vehicles.
C) pencils.
D) drill bits.

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