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When a manufacturer wants to borrow money on the security of raw materials or stock-inprocess which are in the process of being manufactured into finished products, bank prefers:
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When a manufacturer wants to borrow money on the security of raw materials or stock-inprocess which...
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asked
Feb 26, 2022
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Loan
by
sharadyadav1986
When a manufacturer wants to borrow money on the security of raw materials or stock-inprocess which are in the process of being manufactured into finished products, bank prefers:
a) Lien of goods.
b) Hypothecation of goods.
c) Pledge of goods.
security-money
stock-inprocess
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Feb 26, 2022
by
sharadyadav1986
b) Hypothecation of goods.
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