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  • A Trust Receipt Is

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    undercoveragentinvestigativeservices
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    A trust receipt is a legal document where a borrower acknowledges having physical possession of property that is being held in trust for the lender, with the lender retaining title to the underlying assets until the designated debt owed to the lender is repaid by the borrower.

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    A trust receipt is a legal document where a borrower acknowledges having physical possession of property that is being held in trust for the lender, with the lender retaining title to the underlying assets until the designated debt owed to the lender is repaid by the borrower.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
    5 views1 page

    A Trust Receipt Is

    Uploaded by

    undercoveragentinvestigativeservices
    A trust receipt is a legal document where a borrower acknowledges having physical possession of property that is being held in trust for the lender, with the lender retaining title to the underlying assets until the designated debt owed to the lender is repaid by the borrower.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    A trust receipt is 

    a legal document, stating that a borrower of funds has physical


    possession of certain property that is held in trust for the lender. Under this arrangement,
    the lender retains title to the underlying assets until the borrower pays back a designated debt to
    the lender.

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