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FIN3702 ASSIGNMENT 1 SEMESTER 2 2024 Which of the following is appropriate collateral for a loan secured under a oating inventory lien? 1. Cars 2. Paper clips 3. Drill presses 4. File cabinets A rm has issued R2 million worth of commercial paper R50,00   Add to cart

Exam (elaborations)

FIN3702 ASSIGNMENT 1 SEMESTER 2 2024 Which of the following is appropriate collateral for a loan secured under a oating inventory lien? 1. Cars 2. Paper clips 3. Drill presses 4. File cabinets A rm has issued R2 million worth of commercial paper

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FIN3702 ASSIGNMENT 1 SEMESTER 2 2024 Which of the following is appropriate collateral for a loan secured under a oating inventory lien? 1. Cars 2. Paper clips 3. Drill presses 4. File cabinets A rm has issued R2 million worth of commercial paper that has a 90-day maturity and se...

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  • August 18, 2024
  • 14
  • 2024/2025
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, FIN3702-24-S2  Welcome Message  Assessment 1

QUIZ




Started on Tuesday, 13 August 2024, 5:02 PM
State Finished
Completed on Tuesday, 13 August 2024, 5:10 PM
Time taken 7 mins 23 secs
Marks 20.00/20.00
Grade 100.00 out of 100.00


Question 1
Correct

Mark 1.00 out of 1.00




Which of the following is appropriate collateral for a loan secured under a floating
inventory lien?


1.
Cars



2.
Paper clips 



3. Drill presses

4. File cabinets




Your answer is correct.

The correct answer is:


Paper clips

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