Question: Help Seve 4 Exit Submit Exam ( i ) Manny applied for a loan for his business. The bank asked hem to pledge assets as
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Exam i
Manny applied for a loan for his business. The bank asked hem to pledge assets as collateral, so be offered the land the business owns. Which type of bank loan does this scenario best describe?
Multiple Choice
a secured loan
an unsecured loan
line of credit
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