Question

The bank retained the paper of the new car as collateral, which of the following statements about

the collateral is correct -

a) It is a kind of security that bank keep as guarantee

b) It is a kind of barter system.

c) It is a medium of exchange.

d) It is a kind of agreement between the lender and the borrower.​

Answer 1

Answer:

option d is the ans

Explanation:

hence mark me as brain list