What is the name given to a security arrangement in which all the personal property of the business are pledged as collateral?
A) general security agreement
B) mortgage
C) chattel mortgage
D) personal property security arrangement
E) conditional sale
Correct Answer:
Verified
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Q45: Collateral is:
A)any property of a debtor
B)property pledged
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Q47: Which of the following statement(s)is/are TRUE?
A)Collateral is
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