A(n) ______ is a type of legal claim (lien) against a firm's inventory when it is used as collateral for a loan and the goods are relatively low priced, fast moving, and difficult to identify individually.

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A blanket lien is a legal claim against a firm's inventory used as collateral for a loan. It covers all inventory owned by the firm and is commonly used when the goods are relatively low priced, fast moving, and difficult to identify individually. This type of lien is also used when a firm has multiple creditors with competing claims against its inventory.

A(n) ______ Is a Type of Legal Claim (Lien) Against