Question

question # 5
multiple choice
______ can be used as collateral for up to 95 percent of the policys cash value.
insurance policies
real estate
equipment
accounts receivable

Explanation:

Among the options, only insurance policies (specifically cash-value life insurance policies) have a defined structure where they can be used as collateral for loans up to a high percentage (often 95%) of their accumulated cash value. The other assets (real estate, equipment, accounts receivable) do not tie to a "policy's cash value" as referenced in the question.

Answer:

A. Insurance policies