Solved

When a Bank Takes a Business' Inventory as Collateral for Additional

Question 35

Multiple Choice

When a bank takes a business' inventory as collateral for additional loans, it:


A) places the inventory under bond
B) transports the inventory to a warehouse not necessarily on bank property
C) requires insurance and weekly audits of the inventory
D) usually establishes a field warehouse
Not in the chapter

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions