Exam (elaborations)
ECS3701 ASSIGNMENT 2 SEMESTER 1 & 2 2021
- Course
- Institution
QUESTION 1 Discuss how collateral and indirect finance are used in explaining the basic facts aboutfinancial structure around the world. Collateral is a prevalent feature of debt contracts for both households and businesses. Collateral is property that is pledged to a lender to guarantee paymen...
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