Suppose a Firm Is Asked to Pledge Collateral for a Term

question 59

Multiple Choice

Suppose a firm is asked to pledge collateral for a term loan.Which of the following is likely to be least acceptable to the lender?

• A) a rare book collection owned by the company.
• B) the firm's inventory of industrial chemicals.
• C) the firm's real estate holding.
• D) securities held by the firm for investment.

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Definitions:

Sexual Masochism Disorder

A psychological condition wherein individuals derive sexual pleasure and satisfaction from experiencing pain or humiliation.

Humiliated

The feeling of embarrassment or shame as a result of being made to look foolish or incompetent.

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, a diagnostic tool used by healthcare professionals in the United States.

Frotteurism

A paraphilic interest in rubbing, usually one's pelvic area, against a non-consenting person for sexual pleasure.