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Issue of Debentures as Collateral Security

Interest rate...

Question

Interest rate, collateral and documentation requirement and the mode of repayment together comprise, what is called the _____.

A

security papers

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B

terms of credit

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C

credit

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D

all of the above

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Solution

The correct option is B terms of credit
Terms of credit includes: Interest rates, Collateral (security),Documentation related to lending money and The mode of repayment.

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Issue of Debentures as Collateral Security

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