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16 December, 04:54

What is collateral?

(A) money obtained from signing a loan

(B) assets obtained after getting a loan

(C) assets used to secure a loan

(D) money used as a down payment for a loan

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Answers (2)
  1. 16 December, 05:30
    0
    The answer would be b assets obtained to get a loan
  2. 16 December, 08:05
    0
    Assets used to secure a loan
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