1 define the followinga a conditional sales contractb a, Ask an Expert

Finance

1. Define the following:
a. A conditional sales contract

b. A chattel mortgage

2. Under what conditions would a firm prefer the following:
a. A "fixed-rate" term loan from a bank

b. A "floating-rate" term loan, with the rate tied to the bank's prime rate.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92088585

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