____________ are assets that are often pledged by businesses as collateral for a loan.

Name: ____________ are assets that are often pledged by businesses as collateral for a loan.
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Question

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Accounts receivable are a common form of collateral for business loans because they represent money owed to the business by its customers. This makes them a reliable asset for lenders to use as collateral. While all of the options listed may be used as collateral, accounts receivable are the most common.

____________ Are Assets That Are Often Pledged by Businesses as Collateral