Which of the following is a financing arrangement in which the lender's claim on the borrower's assets in the event of a default is limited to only explicitly pledged collateral?

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Without recourse financing is a type of financing arrangement in which the lender's claim on the borrower's assets in the event of a default is limited to only explicitly pledged collateral. This means that the lender cannot seek additional assets beyond the collateral to satisfy the debt.

Which of the Following Is a Financing Arrangement in Which