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    Business Essentials Study Set 2
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    Exam 16: Managing Finances
  5. Question
    In a Secured Loan the Borrower Guarantees Repayment of the Loan
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In a Secured Loan the Borrower Guarantees Repayment of the Loan

Question 91

Question 91

True/False

In a secured loan the borrower guarantees repayment of the loan by pledging the asset as interest to the lender.

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