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 56 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
Wow, this really help


T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Excellent

 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

For a complete list of videos, visit our video library