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Banks and Finance Companies Usually Lend ______, in Writing a Floating

Question 50

Multiple Choice

Banks and finance companies usually lend ______, in writing a floating lien.


A) only a small fraction of the inventory's book value
B) only a small fraction of the inventory's market value
C) the total amount as the inventory's book value
D) a small fraction of the sales of the last year
E) a large fraction of the sales of the last year

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