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Business, 28.07.2019 18:00 drewje12

Roundwell motors purchases a manufacturing plant for $15 million, pays $5 million in cash as down payment, and borrows the remaining $10 million from home providence bank. to secure the loan, roundwell gives the plant as collateral to home providence bank. if roundwell defaults on their payment, what is the recourse available to home providence to recover the loan?

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