jreeves
Senior Member
- Feb 12, 2008
- 6,588
- 319
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You're not reading.... or you're not comprehending. I don't know which it is... but it's one of them.
Either way, if you tell that to a client, be prepared for the malpractice suit after the guy/gal listens to you and ends up indicted.
And now go back and read up on collateralizing loans. Because you haven't given any indication of understanding a single thing about the concept.
Ok well explain to me how in fact I am wrong in assuming that "public funding is to not be used as collateral" means something other than what is explictly stated in the contract?