Which of the following is not a feature of good banking security? The

COMMERCE
WAEC 1995

Which of the following is not a feature of good banking security? The

  • A. asset must be easily converted into cash
  • B. value of the asset must be easily ascertained
  • C. ownership of the asset must be in doubt
  • D. value of the asset must less than the amount loaned

Correct Answer: D. value of the asset must less than the amount loaned



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