Which of the Following Can Also Function as Collateral Against

question 58

Multiple Choice

Which of the following can also function as collateral against loans?

• A)Certificate of origin
• B)Export declaration
• C)License
• D)Customs invoice
• E)Bill of lading

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Definitions:

Check Alteration

The unauthorized modification of details on a check, such as the amount or payee, usually for fraudulent purposes.

Coffee Club

An informal group or organization formed by individuals who share a common interest in drinking coffee and social interaction.

Big Bank

A large, influential financial institution capable of exerting significant impact on the national or global economy.

Banking System

The network of financial institutions that provide banking services, such as accepting deposits and lending money.