Because the certificate usually matures before the equipment wears out, the amount borrowed is generally less than the full value of the property securing the certificate.

Training Mode

Unit 1 Unit 2 Unit 3 Unit 4

The amount borrowed using an equipment trust certificate is generally:

More than the full value of the property securing the certificate.

Equal to the full value of the property securing the certificate.

Less than the full value of the property securing the certificate.

Not related to the full value of the property securing the certificate.