All of the following goods represent appropriate collateral for a secured loan to a school supply manufacturer EXCEPT
A) reams or rolls of paper.
B) unbound pages.
C) notebooks and binders.
D) index cards.

Question

Quizplus · Accepted Answer

Unbound pages are not considered finished goods and may not be as easily valued or sold as collateral compared to finished products like notebooks and binders.

All of the Following Goods Represent Appropriate Collateral for a Secured