Question: The most basic way for a lender to gain some sort of assurance that the borrower of funds will repay the loan is to make

The most basic way for a lender to gain some sort of assurance that the borrower of funds will repay the loan is to make a secured loan, which requires the borrower to put up collateral

(

for example, inventories, accounts receivable, and other assets

) .

True

False

The most basic way for a lender to gain some sort

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