1) Chandni Owns A Frozen Yogurt Shop. Due To Fluctuations In Seasonal My Assignment Essay Help

1) Chandni owns a frozen yogurt shop. Due to fluctuations in seasonal demand, her business has struggled. If Chandni fails to repay her bank loan, what will the lending institution do to recover its loss?
Multiple Choice
take over the business and keep profits
claim and rent out the business
sell stock in the business
claim and sell the collateral or mortgage
claim and sell all the owner’s personal property

2) Orlantha opened a used bike shop but did not have enough money in her savings account at the time, so she applied for business loans. She provided her conda as collateral to obtain the loan. The type of financing obtained by Orlantha can be regarded as a
Multiple Choice
mortgage.
trade credit.
mutual fund.
nonrecourse loan.
dividend.