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Author Question: What is the difference between secured and unsecured loans? (Read 778 times)

hgjjghgjh

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on: May 9, 2022

Question 1

What is a company faced with when it doesn't have enough cash to meet short-term needs?
◦ Strong economic order
◦ Poor risk/return trade-off
◦ Becoming highly leveraged
◦ Liquidity crisis
◦ High accounts receivables

Question 2

What is the difference between secured and unsecured loans?
◦ Secured loans are only available to the best customers.
◦ Secured loans are based on a general credit record.
◦ Secured loans are generally for longer periods of time.
◦ Secured loans have a higher interest rate.
◦ Secured loans are backed by collateral.
Business in Action ¦ Bovee, Thill ¦ 9th Edition
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Marked as best answer by hgjjghgjh on May 9, 2022

dianagarcia

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Reply #1 on: May 9, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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hgjjghgjh

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Reply 2 on: May 9, 2022
YES! Correct, THANKS for helping me on my review

mjenn52

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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