Multiple Choice
An appropriate collateral for a secured short-term loan is ________.
A) fixed assets
B) accounts receivables
C) common stock in a privately-held corporation
D) bank over-draft
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q119: A single-payment note generally has a maturity
Q120: Cull Incorporated recently borrowed $250,000 from Century
Q121: Self-liquidating loans are mainly invested in productive
Q122: Commercial finance companies are lending institutions that
Q123: A loan that is usually a one-time
Q125: Spontaneous liabilities such as accounts payable and
Q126: A firm has a line of credit
Q127: Tangshan Mining borrowed $100,000 for one year
Q128: _ ensure that money lent under a
Q129: Hayley's Theatrical Supply is in the process