Which of the Following Is Not a Form of Security

question 52

Multiple Choice

Which of the following is not a form of security for bank loans?

• A) Assignment of book debts
• B) Mortgage of Real Estate
• C) Guarantee of a third party
• D) Chattel Mortgage
• E) Assignment of Office Furniture

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Definitions:

Ice Cream

A sweetened frozen food typically eaten as a snack or dessert, made from dairy products or other ingredients and flavors.

Marginal Utility

The extra satisfaction or usefulness gained from consuming or acquiring one more unit of a product or service.

Ties

Articles of clothing, typically narrow strips of fabric worn around the neck under the collar, primarily by men for decorative purposes.

Shirts

Pieces of clothing for the upper body, typically with sleeves and a front opening, made for both genders.