Question: Select all that apply A note receivable: often identifies collateral pledged by the borrower to support the loan. often includes covenants made by the borrower.
Select all that apply
A note receivable:
often identifies collateral pledged by the borrower to support the loan.
often includes covenants made by the borrower.
normally includes a maturity date.
does not have any collection risk.
is much less formal.
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