Social Sciences, asked by muskanchoudhary473, 7 months ago

does cooperative take collateral or documentation yes or no​

Answers

Answered by SanujDESAI
0

Answer:

No

Explanation:

Because It's Of Course No No Explanation And Reason Please Mark My Answer Brainliest.

Answered by Anonymous
0
Collateral is an asset pledged to a lender until a loan is repaid. If the loan isn't repaid, the lender may seize the collateral and sell it to pay off the loan. Obvious forms of collateral include houses, cars, stocks, bonds and cash -- all things that are readily convertible into cash to repay the loan.
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