A Good Collateral for the Purpose of Protecting a Lender

question 96

Multiple Choice

A good collateral for the purpose of protecting a lender should be:

• A)durable.
• B)easy to identify.
• C)marketable.
• D)stable in value.
• E)All the options are qualities of a good collateral.

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Definitions:

Ritalin

A stimulant medication commonly used to treat Attention Deficit Hyperactivity Disorder (ADHD) and narcolepsy, known generically as methylphenidate.

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is a neurological disorder characterized by inattention, impulsivity, and, in some cases, hyperactivity.

University Student

An individual enrolled in a higher education institution to pursue academic degrees or professional qualifications.