All of the following would be considered appropriate collateral for a long-term loan except
A) land.
B) equipment.
C) buildings.
D) inventory.
E) machinery.

Question

Quizplus · Accepted Answer

Inventory is considered more appropriate as collateral for short-term loans rather than long-term loans because its value can fluctuate significantly over time, and it may not retain its value over the long term. Land, buildings, equipment, and machinery are more stable in value and are considered suitable for securing long-term loans.

All of the Following Would Be Considered Appropriate Collateral for a Long-Term