This topic contains a solution. Click here to go to the answer

Author Question: Collateral is something of value to be guaranteed as security for a loan. Indicate whether the ... (Read 64 times)

lidoalex

  • Hero Member
  • *****
  • Posts: 538
Collateral is something of value to be guaranteed as security for a loan.
 
  Indicate whether the statement is true or false

Question 2

Large purchases tie up capital too long and can create credit problems.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bfulkerson77

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

True

Answer to Question 2

True




lidoalex

  • Member
  • Posts: 538
Reply 2 on: Jul 21, 2018
Great answer, keep it coming :)


lindahyatt42

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

 

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

For a complete list of videos, visit our video library