The Two Types of Assets That Can Be Used as Collateral

question 35

Multiple Choice

The two types of assets that can be used as collateral for an asset-backed securitization are ________.

• A) existing assets/existing receivables or assets/receivables to arise in the future.
• B) existing assets/existing receivables or assets/receivables from the past.
• C) past assets/current receivables or assets/receivables to arise in the future.
• D) existing assets/past receivables or assets/receivables to arise in the future.

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Definitions:

Tractors

Heavy vehicles designed for agricultural use, primarily to mechanize farming tasks including plowing, planting, and harvesting.

Opportunity Cost

Forfeiting possible rewards from various alternatives when a singular option is chosen.

Crude Oil

A natural fossil fuel consisting of hydrocarbon deposits and other organic materials that can be refined to produce various types of energy products.

Tractors

Heavy-duty vehicles designed primarily for agricultural use, including plowing, tilling, and planting fields.