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Which of the following is not a major food procurement strategy worldwide?
Variable-Rate Loan
A loan whose interest rate changes over the life of the loan.
Fixed-Rate Loan
A loan whose interest rate remains constant.
Floor Planning
A type of business loan generally made for “big-ticket” items. The business holds the item in inventory and pays interest, but it is actually owned by the lender until the item is sold.
Unsecured Loan
A loan that doesn't require collateral and is based on the borrower's creditworthiness.
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