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Classification of loan

An _ loan is one that is obtained without the use of property as collateral for the loan.

 

Answer

A. Secured

B. Unsecured

Accounting Finance
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Question added by Jafar Hussain Bhalam , Assistant Finance Manager , Giesecke & Devrient FZE
Date Posted: 2015/04/28
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Deleted user
by Deleted user

This is an unsecured loan.

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