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  3. Study Set
    Principles of Managerial Finance
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    Exam 16: Current Liabilities Management
  5. Question
    Appropriate Collateral for a Loan Secured Under a Trust Receipt
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Appropriate Collateral for a Loan Secured Under a Trust Receipt

Question 161

Question 161

Multiple Choice

Appropriate collateral for a loan secured under a trust receipt inventory loan is


A) drill bits.
B) pencils.
C) recreation vehicles.
D) bananas.

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