A business owned by a single owner is called a:

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A business owned by a single owner is called a proprietorship.

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Asked 4/19/2012 5:46:23 AM

Updated 12/26/2014 10:10:06 AM

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This answer has been confirmed as correct and helpful.

Edited by andrewpallarca [12/26/2014 10:10:05 AM], Confirmed by andrewpallarca [12/26/2014 10:10:06 AM]

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If a borrower is required to provide collateral, then the loan is considered?

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Updated 4/20/2012 6:51:21 AM

1 Answer/Comment

debnjerry

If a borrower is required to provide collateral, then the loan is considered to be a secured loan.

Added 4/20/2012 6:51:21 AM

This answer has been confirmed as correct and helpful.

Confirmed by andrewpallarca [5/28/2014 9:41:56 AM]

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