Real or personal property pledged as security for repaying a loan is called a. condition b. asset

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Real or personal property pledged as security for repaying a loan is called a. condition b. asset c. collateral d. equityc

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Mar 19, 2024 04:15 PM

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Real or personal property pledged as security for repaying a loan is called a. condition b. asset

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Answer The correct answer is c collateral Collateral refers to assets or property tha... View the full answer

Income Tax Fundamentals 2013

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