Business High School

Which of the following could be considered collateral for a loan? (Select all that apply.)
A. buildings
B. inventory
C. machinery
D. wages

Answers

Answer 1

Option B: inventory

Collateral is simply an asset, such as a car or home, that a borrower offers up as a way to qualify for a particular loan. collateral can make a lender more comfortable extending the loan since it protects their financial stake if the borrower ultimately fails to repay the loan in full.

The biggest risk of a pawn loan is that you can lose your assets if you don't repay the loan. it's especially dangerous if you back your loan with a very valuable asset like your home. It requires you to have valuable assets.

many banks and credit unions offer savings accounts, certificates of deposit (CD) funds, or secured personal loans, which are personal loans secured by your car. for this reason, these loans are sometimes referred to as mortgages. often there is no limit to these types of credits.

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Related Questions

You're the production manager for a company that manufactures clothing, and you oversee activities in a wide range of departments from cutting and stitching to warehousing and shipping. Maintaining a steady flow of goods through production is essential, so if you could employ any supply chain management system to make your job easier, which of the following would you choose? Group of answer choices RFID, a tool that requires placing a tiny tracking chip on all materials ERP, an integrated software that consolidates sequencing and scheduling data from all units Logistical cost control, a method of evaluating how to add value for your customers through logistical changes Value chain management, a means of managing the complete sequence of suppliers and activities that contribute to the creation and delivery of goods

Answers

Answer: ERP, an integrated software that consolidates sequencing and scheduling data from all units

Explanation:

With regards to the information given, the supply chain management system to be employed in order to make the job easier is the Enterprise Resource Planning (ERP).

The Enterprise Resource Planning us the software that is used in the planning and managing of every supply chain, financial, manufacturing, and every other organizational process.

Therefore, the ERP is vital as it'll help in the consolidation, the sequencing and the scheduling data from all units

Question 2 (1 point)
Who benefits from a low interest rate? (Select the best answer.)
♡
The investor
The borrower
The lender
The credit card company

Answers

Answer: The borrower

Explanation:

Answer: The borrower

Explanation:

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