what do you mean by stock of recourse
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Explanation:
Understanding Recourse
Recourse provides the legal means for a lender to seize a borrower's assets if the borrower defaults on a debt. ... The lender may also go after other sources of income from the borrower, such as commissions, royalties, or investment income.
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Explanation:
Understanding Recourse
Recourse provides the legal means for a lender to seize a borrower's assets if the borrower defaults on a debt. ... The lender may also go after other sources of income from the borrower, such as commissions, royalties, or investment income.
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