Commerce WAEC

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 should be stable
E. value of the asset must less than the amount loaned

Correct Answer:

Option E – value of the asset must less than the amount loaned

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