Appropriate Collateral for a Secured Short-Term Loan Is

question 68

Multiple Choice

Appropriate collateral for a secured short-term loan is

• A) fixed assets.
• B) raw materials inventory and receivables.
• C) common stock in a privately-held corporation.
• D) work-in-process inventory.

---

Definitions:

Consciousness

The state of being aware of and able to think about oneself, the environment, and one's thoughts and feelings; the subjective experience of awareness.

Suppressing

The act of consciously or unconsciously inhibiting or restraining an impulse, desire, or the expression of a thought or feeling.

Displacement

In physics, the movement of an object from one position to another or the volume displaced by an object in a fluid.

Business Conditions

Describes the state of the economy and market environment in which a business operates, affecting its performance and strategy.