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  3. Study Set
    Entrepreneurship Study Set 1
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    Exam 11: Sources of Capital
  5. Question
    When Inventory Is the Asset Base for a Loan
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When Inventory Is the Asset Base for a Loan

Question 3

Question 3

Multiple Choice

When inventory is the asset base for a loan:


A) a trust receipt is not generally used.
B) factoring may be arranged.
C) about 50 percent of it can be financed.
D) all of the inventory can be financeD.

Correct Answer:

verifed

Verified

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