A(n) is a legal agreement that helps to protect a lender if a borrower fails to make required payments on notes or bonds. This agreement gives the lender the right to be paid from the cash proceeds of the sale of the borrower's assets, as identified in the agreement. Multiple choice question. collateral agreement mortgage note payable
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A(n) is a legal agreement that helps to protect a lender if a borrower fails to make required payme...
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