O-LevelEconomicsMicroeconomic decision makers2281/12 · May/June 2015 · Q91 Mark

A businesswoman seeks a 10-year loan from a bank. She has listed her four most valuable possessions which could be offered to the bank in order to obtain the loan. Which item would the bank be least likely to accept as security for the loan?

Acollection of gold coins, jewellery and antiques

Bhouse in a desirable part of town

Cpart ownership in a race horse

Dportfolio of government bonds

✓ Correct answer

C: part ownership in a race horse

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Topic: Microeconomic decision makers, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2015 Paper 1 Variant 2, question 9.

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