Please help, i have answered few and some are wrong, just want to prep myself up for Exams. Thank you! Please try to answer all of them and not just 1 thank you!

Which of the following does NOT describe the fixed charge of security? The borrower can trade its assets unless there's default on loan payment. The financial institute has the legal rights to the asset. The financial institute can take possession of the asset to settle the debt in case of loan default. Securities with fixed charges are usually made up of non-current assets. If a loan is secured by a limited corporate guarantee, what will happen when the borrower is unable to repay the debt? The lender has the right to pursue the assets of the company within a specific dollar amount. Both the company and the company owner may be pursued to fulfill the debt obligation. The guarantor will cover all the liabilities of the borrower regardless of the amount. The owner of the company will be personally responsible for completing the loan obligations. Which of the following security assets are considered personal property? Select ALL correct answers. Factories Land Consumer goods Bonds and equities Office buildings Which of the following may indicate low-quality inventory? The inventory turnover ratio is high. There is a limited shelf-life. The product is a commodity, not a specialized product. The inventory is finished goods. Which of the following is NOT an aspect to consider when evaluating the quality of machinery and equipment? The life expectancy of the asset The market value of the asset The cost to maintain the asset The condition of the asset Which is a typical source of information used in ascertaining the value of the real property? Purchase contracts Bills of sale Invoices Real estate listings It is the legal counsel's responsibility to: (Select ALL correct answers) RE Advise the borrower that the lender can pursue all their assets in the event of default. Provide accurate evaluations of the borrower's assets used as security. Advise the guarantor that they will be liable to remedy the failure if the borrower fails to make a payment on time. Ensure that the security is properly registered. Which of the following is NOT correct on security registration and documentation? Review Later It is the borrower's responsibility to ensure that the loan security documentation is properly completed and registered. Common Security documentations include mortgage appraisal, assignment of leases and rents, and general security agreement. It is the lender's responsibility to ensure all loans are adequately secured. The registration of the security is done differently in various jurisdictions around the world