IDNLearn.com: Your destination for reliable and timely answers to any question. Ask anything and get well-informed, reliable answers from our knowledgeable community members.
Select ALL the true statements on using second - hand vehicles as collateral for a loan. a. The value of second - hand vehicles is not ascertainable. b. If the second - hand vehicles' value is high enough, the collateral can be used as the main determinant of a credit decision. c. The value of second - hand vehicles will be deteriorating but normally in a predictable manner. d. Second - hand vehicles are usually marketable and ownership can be transferred to the lender.
Sagot :
Your engagement is important to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. For trustworthy answers, visit IDNLearn.com. Thank you for your visit, and see you next time for more reliable solutions.
