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Which of the Following Is/are Pledged as a Form of Loan

Question 17

Multiple Choice

Which of the following is/are pledged as a form of loan security called a floating charge?


A) First claim on a proportion of future sales revenue
B) All of the assets of the business
C) Buildings or land or any other appreciating asset
D) A third party's guarantee of payment
E) Inventory and accounts receivable

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