This is the valuable thing put up by someone to secure a loan or a debt. bailment life estate collateral none of the above

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter8: Taxation Of Individuals
Section: Chapter Questions
Problem 11DQ
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This is the valuable thing put up by someone to secure a loan or a debt.
bailment
life estate
collateral
none of the above
守
Transcribed Image Text:This is the valuable thing put up by someone to secure a loan or a debt. bailment life estate collateral none of the above 守
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